<prompt> Human: I opened a CD at GE Capital retail Bank, for a 5 year team at 2.30APY. I just registered my Discover account with them, and the transfer is pending. I dont know why but this feels very scary. I never really had any need for the money, and if all goes to plan, I am going to get over 10,000 by 2019, and I am sure I could put the money to good use then. However, the idea of all that money gone from my account scares me. I will have close to 4000 left in my discover account. My current plan is now to build 6 months of savings, with an extension of upto 12 months of savings if all goes well. I will also be contributing to my 401k and looking into opening a Roth IRA. I just hope I will never have any need for the 95,000. I would hate to have to withdraw it from the CD. I wanted to express my fear. Thanks for listening.  <response>: My current plan is now to build 6 months of savings,Why dont you take a portion of that 95,000 is make it your emergency fund? I will also be contributing to my 401k and looking into opening a Roth IRA.Why dont you just increase your 401k contributions and max your Roth IRA? You can dump 5,500 today into a Roth IRA. At the same time you can live off your 95,000 minus e-fund, minus Roth IRA fund while you make max contributions of your paycheck to your 401k until your deplete that 95,000 minus e-fund, minus Roth IRA fund. After that, dial back your 401k to what ever you were doing before hand and continue with life.In the end youll have 6 months emergency fund, a max Roth IRA for 2014, and bolstered 401k. 