My husband and i will be mortgage free in a month. We will have 1000 extra per month. We already save 25% of our NET pay towards retirement and 500 a month for liquid. We have a 6 month emergency fund. Should we add more retirement or liquid. We are 28 and 33.

Spend 1/3

Save 1/3 for retirement

Use the other 1/3 to double your emergency fund to 12 or 18 months

Save it for a freedom fund in taxable investments. When you are under 50 you will have total freedom to retire, start a business, cut back on work or whatever you please.

Invest in bonds and mutual fund , put some up for retirement .

Maybe college fund for your kids .

I'd buy drugs. They are fun and we're going to die any ways. What's the point of saving for boring old retirement. I'd rather the last check I write bounce.

Invest it if you can afford to, but maybe in relatively liquid types of instruments like common stock.