<prompt> Human: I am 28 yo, making around 160,000 a year I take home about 8,000 a month post-tax. I have zero debt and currently have 37,000 in cash just sitting in my savings. Yes, I understand its stupid to be keeping so much cash, as it loses value everyday, but Im trying to save up for a downpayment on an apartment. Ive been saving 3,200 per month around 40 of my earnings post-tax into my savings. I am now eligible for 401K at my company which doesnt match, but Im wondering if I want to invest. Would it be really stupid for me to forego 401K? Im more inclined to save cash and save up for a house asap so that i can stop wasting my money on rent around 2,500 a month. Anything else I should be looking into?  <response>: You have enough money that you can, and should be maxing your 401k and Roth IRA via backdoor Roth. 