Currently at about 70k net worth, how long till 100k and what should I change?
My Vanguard Roth IRA holds $22,140, with $4,000 remaining to contribute this year. Its current allocation is 60% VOO, 13% META, 18% MSFT, and 9% NVDA.
I also have an old employer 401k through Vanguard containing $28,900, which is invested 100% in VIGIX.
My current employer 401k at Fidelity holds $2,410, 100% in S&P 500 Index, and I contribute 3% to capture the full employer match.
I have two HSAs: one from a previous employer with $2,500 that is currently uninvested due to a threshold requirement, and a second from my current employer with $3,040, of which $1,040 is invested.
I hold $11,500 in a Vanguard Cash Plus account as an emergency fund which gets 3.35% APY, $1,000 in a general bank account, and $411 in a Fidelity brokerage account that is currently paused while I prioritize tax-advantaged accounts.
My financial goals for the rest of the year are increasing my VOO within my Roth IRA to at least 80% to reduce my reliance on individual stock picking. I also plan to consolidate my two HSAs. I want to max out my Roth IRA and HSA contributions, increase my emergency fund to $15,000, and then resume contributions to my brokerage account.
Additionally, I have a medium-term goal to purchase a used vehicle in the next 12-18 months entirely in cash.
My current annual salary is $74,000, take-home pay of approximately $4,500 a month.
I live at home and pay only $500 in monthly rent, my expenses generally remain well under $2,000 per month, and I have no debt.