Thanks for all advice in advance!
My wife and I are in our mid-twenties and have a combined income of just over $90,000. We have no credit card debt (pay off each month). About 22k in an interest-free car loan and about the same in student loans (~5% interest).
She contributes $150 (and her employer matches the $150) each month into an IRA. I contribute about $275 (and my employer contributes $1,598) each month into a pension account. Another $400 each month gets put into a rainy day fund. We maintain another savings account that hovers around $5-6k, but is steadily growing.
We would like to buy a house in the near future (2-3 years, maybe). Saving for a down payment wouldn't be a problem given that timeline, but I also want to make sure we are doing enough for our retirement.
I have recently been thinking about my employer's deferred compensation plan. Given our current pension/IRA and our age, does that sound like a good idea? How should I balance that with purchasing a house in this market?gold charmsmedical uniform