<prompt> Human: I currently have 14,000 in student loans, 20,000 saved for a down payment on a house and no other debts and am making 80,000 per year, which allows me to save close to 2000 per paycheck. Im looking at houses in the 150-250k range. I currently pay 1795month in rentparking, plus 100month in utilities. Looking at mortage rates including PMI, it looks like my monthly payment on the houses Im looking at would be 1000month, and after adding insurancetaxes, my housing cost would still be 1200month before other homeownership expenses, of course.Given the amount Im able to save per month and expensive rent situation, Im thinking it makes sense to buy a house in the next few months and pay PMI while putting as much of my monthly savings as possible at the mortgage to get up to 20 equity. The more conservative approach would be to wait a year until I can afford a 20 downpayment and not pay any PMI. I know the usual stance of this subreddit is to always put 20 down, unless you know what youre doing and why it makes sense - Im looking for a check on my reasoning for why it might make sense to put less down immediately.The confounding factors are that my wife and I both 23 years old are expecting a child in April, moving across town would be a pain, I have no retirement savings yet my employer does not offer a 401k, and there may or may not be a raise coming in the spring as well.Assistant: youre saving 2kmo and none of it is going into a retirement account? start an ira yesterdayHuman: Aside from the information in the FAQssidebar, would you have any recommended resources for understanding IRAs better? Having grown up in a family with a traditional pension and then 401k, Im more apt to just put money into a vehicle provided for me by the company rather than going out there and trying to figure out what sort of retirement fund I should be setting up.  <response>: There are 3 good videos on IRARoth401k here:Invest the 1 hour, take notes. It isnt as intimidating as it seems. 