Mid 30s (married with young kids) w $5m NW Target

[HI Bill]

So here's the update. Life has been good so far. We've enjoyed some very good years at work and our NW is now up to almost $6M, including home equity, which is probably still $1.5M.... Target today is $10M liquid at a minimum - this would enable us to continue traveling as well as paying for kids / grandkids travel. Anything above $10M would be 'extra' and we'd probably think about a second home at that point.

Congrats! At $4.5M in invested assets, you could easily double that in a decade, with average returns. Without contributing another $. If I were you, I'd consider whether letting up on the contributions/LBYM is feasible, to allow you to enjoy a better lifestyle sooner, than later, as long as the job is secure.

 

[Golden sunsets]

Looking good but does the liquid stash include college funds or is that held outside of your 4.5 liquid? With 4 kiddos, private undergrad pricetag for 4 will easily exceed a million.