<prompt> Human: Seeking some advice on how to allocate money into long-term savings versus retirement savings. We are in Ontario FWIW.My SO and I are both 26 and have zero long-term savings, but we want to start ASAP. Heres our breakdown:- My salary is 70k. She makes about 50k per year - 5k depending on hours- Currently have 45k in cash to be used for down payment on 200k house 20 down some discretionary- Additional 5k in cash chequing account that we like to have for an emergency fund.- Only debt is student debt. Combined total of 50k FUCK- Both own cars that should be OK for another 5 years required where we liveWe are set on purchasing a house, as we both hate renting. However, now that we have a down payment saved, we want to start putting money away for long-term savings.- Should we just pay minimum on student debt and maximize our payment into a long-term investment, pay off student debt ASAP, or some balance of the two?- What should we invest in for long-term savings? Mutual funds dont seem optimal...Would love some suggestions.  <response>: Let me assume you are getting married soon - do not buy a house with just a SO. You have the income 120K so I dont see your loan debt as this evil thing to be rid of immediately. Do 401k up to company match if any. Keep your house money for the house. If its a priority for you to own then make it one. Theres no need to put off owning a home for 5-10 years just so you can bring down the loan balance. Me personally I would put more money into the 401s before paying down the student loans unless the rate is more than 6. The student loan interest will still be deductible and more money in the 401k or deductible IRA will help you save money and lower your taxes as non homeowner DINKS you will get destroyed by taxes. If you can hang on to those cars and pay down the student loans with what would be a car payment it will help you stay ahead. If you buy a house Id up the emergency fund to 10K. 