Personal Finance Priority Recommendation:

Emergency Fund: Keep 3-6 months of living expenses in cash reserves.
Single Income: Save 12 months of living expenses during an economic downturn, 6 months during an economic boom.
Dual Income: Save 6 months of living expenses during an economic downturn, 3 months during an economic boom.
If you have children or others (spouse or parents) relying on your income, consider purchasing life insurance. If both spouses work, both should get life insurance to secure the family’s financial situation (e.g., mortgage, children’s college tuition, parents’ retirement). For specific amounts and types, IPF can analyze and provide quotes.
Employer-Sponsored Retirement Accounts (401K, 403B, 457, etc.):
At minimum, contribute enough to get the employer match.
Ideally, contribute the maximum amount allowed by federal limits.
HSA Account: Contribute the maximum allowed amount.
Roth IRA: Contribute the maximum allowed amount.
College Savings (529 Plan or State Prepaid Tuition Plan): For Michigan residents, refer to my other post for details.
After-Tax Brokerage Account: General post-tax stock investment account.