<prompt> Human: some more detail for everyone...Ive lived with my parents since i started working full time and have been able to save up 87,000. I have 82,000 in a traditional savings account and a little over 5,000 in my checking. My car and student loans are paid off and I have 0 CC debt actually never had a credit card. I intend to stay at home for another year or so or until I save 100,000 then Id like to buy my own home. I am pretty green to money management and have no idea what i should be doing with these savings to get the best return. Houses where I am looking are going to be 200-250k. I dont have a retirement fund or any investments in any way and I make 60,000yr. Any guidance or suggestions would be awesome. Thanks!Assistant: Good job saving!What you should do depends on your goals, but here are some suggestions:1. You have enough now to buy a 250k home. 20 down would be 50k, and you would still have 37k for emergency fund and closing costs. Waiting a year is fine, but no need to save up to 100k.2. You should start putting money in retirement accounts instead of saving more. If you have a 401k at work, contribute to that. You might also open an IRA with Schwab, Fidelity or Vanguard, and contribute 5,500yr to that. You should be seeing contributions of 15 of your salary going into retirement accounts including yours and any employers match. That means contributing 9kyr to retirement.3. Looks like you are saving more than 9kyr. Put the extra either into your retirement accounts, or into a taxable brokerage account at the same broker you chose for your IRA, invested in index funds.4. If you are planning to buy a house in a year, manage your credit score. See what it is, and try to get it up if necessary, as this will get you better mortgage interest rates. Get a credit card. Put some small bill on it and pay it off on time and in full every month. You may not have enough credit history to get a good rate on a mortgage. Check, and build your credit score.You are doing great.Good luck.Human: Not trying to be a Debbie downer as OP has amassed alot of savings but I dont know if OP should be given the green light to buy a home 4 times their salary without knowing more details about their expenses. They admit they are green to money management and they are doing great now but houses can wreck finances. If they dont pay rent and other essentials currently then their savings rate may be turned upside down with the purchase of that expensive of a home. OP, do you pay some rent and money to food for parents? If so, you are probably fine. If not then you have to ask yourself if you can afford another 12k to 18k per year on this house without making sacrifices elsewhere.Assistant: I dont pay rent, but do buy my own food. I also pay car and healthdental insurance.  <response>: I gotta ask... are you single? I dont think theres a point in getting a house or even a condo if you are. You should focus on getting your retirement savings on track instead of a house. If it was me, I would max my 401k and IRA while renting a modest apartment. So your income would go from 60k to 35k but hey, less taxes. Live on that and draw down your savings a bit if you need to. 