Hi all. I'm new, so I'll just get to it. I am a PT loader in what I guess would be the Mid-Atlantic region. I'm approaching my one year mark, so I figure now is the time to start investing. A year ago would've been better, but better late than never I suppose. I've been doing a lot of reading in regards to 401ks, retirement planning, etc, and I feel fairly confident in my understanding of the subject, but I'd still like some personal advice/insight/wisdom/criticism from people who have actual experience. So my financial situation is as follows: Age: 26, single, no kids, no plans for them in the near future. Assets: Boyish good looks. Debts: 1. ~$4k student loan that's long been in default, I don't even know who owns it anymore, all I know is that it's most likely accumulating interest. Oh and my entire tax return was taken by the DoE in order to pay for some of it. I think I might just let them keep at it. A few more years and it should be paid off if they aren't just dickin' me around and taking my money for nothing. 2. ~$3k in medical and ~$500 dental bills. Again, no sort of payment plan in place thus far. Will look into it. 3. Currently paying down a credit card at about $100/mo, balance is now at ~$275 That just about does it. Anyhow, I've put 5% into the Roth option (don't care about the loss in pay, I want every cent I invest to accumulate tax-free and be withdrawn tax free) Long story, father passed, beneficiary money taken out to try to save house, house foreclosed, filed for bankruptcy (not the debt repayment one either, the bad one), and apparently I owe taxes on that money as well for an early withdrawal penalty (I assumed there would be no such thing, seeing as how death benefits are usually meant to be used....you know). Anyway, that's another story. I'm rambling: 5% Roth, split as such: 50% S&P 500, 35% S&P 400, 15% Russell 2000 This isn't the most diversified portfolio, but I like the way it looks on a pie chart. Any thoughts? Edit: Oh yeah, I guess the real question is, should I even be investing with such liabilities? Won't the people I owe just take it right out of my 401k when they deem fit? I know man, I know... Edit 2: Thank you so much for the kind replies and not judging an obvious fudge-up too harshly. By the way this forum has the absolute fastest response time of any I've ever seen.