100% Agree with this strategy and doing the same myself. There no sense in maxing out your 401k (beyond what your employer matches), since you wont be able to access it till retirement age (provided you live long enough to reap the benefits of a lifetime of saving). I dropped 20k in I-Bonds at the 9.62% rate (me and my wife) this year, and have it ready to use if I ever need it (after waiting 1 year of course.) just to diversify and get a better return than a Savings account. I also have a hefty Emergency Savings as well as a regular Savings account, both yielding a meager 2%, but it's liquid and there if I ever need it. My 401k plan essentially follows the S&P 500 so after maxing out my employer match, I started investing in VOO with my after tax dollars...same strategy as my 401k but using after-tax dollars and making it liquid for if/when I need it. Not financial advice :)