efund or retirement

[makingithappen]

All this retirement talk has me wondering. We are starting from square 2 (barely past square 1). I planned on concentrating on efund first while slightly funding retirement of 6% plus full match for myself and a few percent in a Roth for each of us. We will to set to be at our efund goal by the end if the year. Should we continue with that or fund an efund over 2 years while starting higher with retirement and not increasing the retirement amount next year.

[SJ]

Do you have debt? Precarious jobs? Reasons to save/need cash?

I'd be tempted to start higher with retirement and take longer to build the efund, but there are just so many factors that go into play.

[makingithappen]

Our debt payments are less than 20% of our take home including the mortgage on a house for sale. H is in school full time and receives more than I do monthly tax free. My job is always up in the air but daycare savings and unemployment equal my current take home. We also have family that can help in an emergency but I wouldn't want to count on that. 2 kids and we're upper 20s

[sillygoosegirl]

I'd focus on your efund until you get 2-3 months expenses saved, and then up your retirement.

[awick14]

sillygoosegirl- I agree with this!

I would really work on your e-fund. And hopefully your house sells soon and you can put more money towards retirement.