After seeing the first episode of Season 2

The animation quality was absolutely amazing. That's all.

First episode was so hype.

Let me know if you want more in-depth explanation of the episode. I don't want to spoil.

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u/ChronowalkerZ — 21 hours ago

Should a sinking fund be in a taxable brokerage or a HYSA?

I invest in a pre-tax 457(b) and a Roth IRA. I contribute monthly to max out my Roth IRA annually and I put like $600 into my 457(b).

Now those two accounts are mainly for retirement, so I don't want to liquidate them until I retire. I want to invest an additional $400-$600 of my monthly pay check to a sinking fund that I can use for vacation or for other guilt-free expense like a new phone or a new computer down the line.

Should I put that money into a taxable brokerage and invest it all in VOO or should I put it into my HYSA that I keep my emergency fund in, which is Ally.

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u/ChronowalkerZ — 4 days ago

How widely known is Savings Plus among California State workers?

Almost none of my coworkers even know Savings Plus exists. Of the few I’ve talked to, I only know one person who’s actually funding a Roth IRA. The people with families seem to have all their money tied up in home equity, and it feels like everyone else is just planning to coast on their pension and Social Security when they retire. Honestly, I think I might be the only one in my unit actually investing in Savings Plus.

I have been thinking hard about retirement lately, especially how much the current K-shaped economy will influence the stock market. I have made numerous post over at r/personalfinance. Many of the users there seem to be in agreement that a pension and social security are not going to be enough to sustain a good retirement, but I feel like many of them are overly conservative.

I don't plan to have any children and I plan to rent my entire life, so I have been putting a lot of my savings into the 457(b) and Roth IRA.

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u/ChronowalkerZ — 4 days ago