I'm typically on a good track financially, but I seem to be coming to a crossroads and want some outside input. I'm 25 y.o. and want to get out from debt as soon as possible.
Background:
Student loan payment at 5.625% interest (refi'd through SoFi), and I have about 110 payments left, but I'm paying 170% of the minimum payment each month.
Truck loan payment at 1.99% interest, which I consider almost free money, and I have 70 payments left.
I contribute 5% of my gross pay to my TSP (401k equiv.), and my employer matches 100%, for an effective 10% of my gross pay.
I contribute 11.2% of my net pay to my Roth IRA, and that maxes it out each year. In fact, I have gotten it so that I deposit the max on Jan. 2 each year and then start saving all year for the following year's contribution.
I contribute 15.7% of my net pay to my emergency savings fund. I currently have 2.8 months worth of expenses saved up.
I own my own home and put a 20% downpayment (to avoid PMI) on it with a 15 year conventional mortgage at 3.000%. I have roommates that cover 70% of the mortgage and utilities.
I know I ultimately want to reach 6 months worth of expenses in my emergency fund. I am expecting an inheritance from my grandpa within the next month that will put me up to about 4 months of expenses in my emergency savings.
At this point, it feels like I should let the emergency savings fund ride where it is (3 - 4 months expenses) since my job is relatively stable. I could divert the money that I was depositing to savings and knock out my student loans in just under 2 years. Once the student loans are knocked out, I could return to building the emergency savings up to a full 6 months. After those two goals are accomplished, I would contribute to a general savings fund for a wedding, engagement ring, home improvements, next car, or whatever else I need to.
Am I looking at this right, or is there a better way to reach financial freedom?