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Trace is in Salt Lake City, Utah. What's up, Trace? How can we help?

Hey, how are you? We're doing good. What's up with you?

Good. So me and my life, we were 21 years old. We have a combined income of $130,000 a year.

We're in baby steps four and six with no kid yet. We started investing into our retirement in July and wanted to know if we can put more into each one of our Roth batteries to get it up to the $7,000 for each one of us instead of putting more on the mortgage until April.

So then does that make sense?

Yeah. So we can max out that

Roth for both of us before April so we can do it again for that for the next year.

Yeah. Maxing out the Roth, so putting the $7,000 or $7,500, I can't remember what it is this year.

Does that put you over the 15% of your income?

So, yes, but we'll max out my Roth at $7,500 or $500. And then we want to also mix up my wife's, which I think we could do another $7,000, right?

Yeah, I understand that, but I'm saying

that 14,000 together, is that more than the 15% of your take-home pay? Um, it would be, um, and we,

we are still paying the house off, um, like the 15-year mortgage. We still have on the 15-year.

Mm-hmm. So just for the six months, months, I don't know, like I said,

just to take advantage of the tax-free growth. So you told me you make $130,000 a year. So 15% of

that would be $19,500. That's what you have for the year to put aside. So you're wanting to put

$7,000 in hers, $7,000 in yours, that's 14.

So technically you still have another 5,500. What are you going to do with that?

And that's another question too. Do I do the traditional or do I just put it into a brokerage account?

We had just recently started making $130,000 a year.

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