I’d put the emergency fund in a high yield savings account or money market. The rest depends on your situation: pay any credit card, student loan, or car debt. So no debt. Then save for a personal goal, like a down payment on a house or condo. And don’t be afraid to start investing if you haven’t. An index fund that mirrors the S&P 500 would be a good start. (This would be outside of work sponsored accounts, like a Roth IRA. ) You should also take a small portion and just have fun. Save some, spend some, give some. Good luck!