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Asking this question on HN is probably not the most effective way to understand what "millennials" value, but I'll offer my anecdote.

My #1 priority is to have $10k in emergency savings. I guess that's my version of short-term savings.

Once I've hit $10k in liquid savings, I try to max out 401k and Roth IRA contributions. I am working towards having enough for a good down payment on a house by the time I am 30-32 (~10 years from now).

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Out of curiosity, why would you max out your retirement contributions if you are trying to save for a good down payment on a house?

some of those let you pull out tax advantaged for your first house.

True some will though I believe only $10,000 without taking the tax penalty. Definitely worth talking to a cpa before making any decisions.

As far as I'm aware, you can pull your contributions out of a Roth IRA without penalty - they are post-tax dollars when they go in, until a regular IRA or 401k. Earnings and returns are different.

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