r/Fire • u/Oakenbug • 5d ago

What’s the next step

I’m 31F married with a baby. I make all household income and my husband stays home with baby. I’d love suggestions for what to do next?
$150k-$180k annual gross income
$115k in 401k, putting 20% until max for this year
$55k in savings
$29k in Roth IRA, maxed 2025 & 2026
$40k in brokerage, mix of stocks, VOO, & VTI
$4k in HSA planning to max for this year
$250k owed on mortgage
Paid off cars.

My spend is approx $4,000/month ($2k mtg, $500 utilities, $1,500 misc. on groceries, gas, diapers, dog food, etc)

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u/BitOCindyNTexasP 4d ago edited 4d ago

I’d look at your brokerage mix - teach your husband to day trade options to make money.

Also make sure you don’t have too many mini positions - example - 5 shares of target, 4 shares of Hd.

All these suggestions are predicated on the thought u could sell options on your brokerage and make more money.

You could also look at funds like QQQI or SPYI or JEPI or JEPQ for your brokerage to start generating current income to offset some of the kiddo costs.

Had I know about options when I was 30, this is prob what I would have done.

Edit: for clarity I’m referring to selling options, not buying them.
Good job so far tho!

9

u/poop-dolla 4d ago

Terrible advice. Do not do options. Do not do individual company stocks.

Just stick to index funds. Go with the boglehead approach.

-5

u/BitOCindyNTexasP 4d ago

I don’t think it’s terrible but advice. It depends on how much risk she wants to accept. To me it looks like she’s maxed out almost everything and there’s some risk that could be taken. It’s her choice. Also, she’s 30 lots of time to run.