<prompt> Human: Title says it. 70,000 salary as a single, 23 years old. Ive budgeted out to contribute fully to my Roth IRA and still need to invest in more for retirement. So, Id want to contribute net of 20 of my take home pay 10,000. Regular investment account for emergency fund. Bad idea to forgo that tax deferment?  <response>: Bad idea to forgo that tax deferment? Spectacularly bad. 