so my question is less
about emergency fund balances as i'm pretty confident they'll grow steadily and more about, I guess, and please correct me if I'm wrote, whether or not the 6.9 - 7.9 % average returns for ROTH IRA mutual funds is a dependable enough guess that it would imply I should put the $ 5500 there instead of toward the 5.5 % mortgage (which I guess is actually lowered when you consider tax writeoff).
One size fits all doesn't work, but pretty soon you will need a spreadsheet and software program to decide
about your emergency fund balance.
Not exact matches
Including my decision once to carry a
balance on our credit cards for a month (
about $ 8 in interest) rather than the emotional stress of depleting our
emergency fund.
Infographic: Life is financially fragile for millennials — Young adults tend to carry credit card
balances, fret
about repaying student loans and don't have an
emergency fund... (See Financial literacy and millennials)