To answer your question, you are doing ok. Keep healthy, and make sure you enjoy life. Welcome to the forum.
Originally Posted by Phan84
Hi everyone! I'm 28 and my wife is also 28. I wanted to see how financially dependent we are from others. My wife and I make about 140k annually and I max out my 401k while also contributing to a Roth IRA for her and myself. Together we have about 20k in liquid cash/mm. 11k in Roth IRAs and my 401k is about 30k. Living in ca I have a 260k mortgage at 3.25%. Are we doing okay so far? We plan on buying another house in 3-5 years when our son starts school so all of our money is going into a mm account. Should it be invested elsewhere? Should we be okay to retire at 55-60ish? I think if we retired at 45 we would be bored lol.
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.