Scots
Dryer sheet wannabe
- Joined
- Jun 24, 2018
- Messages
- 16
Hello all!
New to the forum, but looking forward to interacting with you all and talking future.
My wife and I are both 32, and we’ve got 2 little girls, 3 and 1. I work full time, my wife part time from home. We’ve got a goal of being free to slow down work to doing what we want at 50, and being totally independent at 55 (though I’ll probably always be doing something).
Our information is as follows:
Net worth: approximately 400k
Pretax Income: 129k
Take home pay monthly: $7,550
House: Worth 375k, owe 225k
Cash: 32k
Liquid mutual funds: 48k
401Ks: 116k
Roth IRAs: 11k
529s: 5k
HSA: 4k
Cars: 18k and 12k
Other various things...
No debt outside the house.
I’ve currently got about $1,500 a month going straight to retirement and $300 to 529s. Beyond that, we’re still planning to bank another $1,500 -$2,000 per month that will go to savings for things like next cars, some to mutual funds, etc.
Have a sizable inheritance coming in the future (1M+), but of course I don’t want to factor that into my planning too much. We want to be able to pull 100k/year throughout our life.
Great to be here and would welcome any thoughts on our portfolio or plan!
New to the forum, but looking forward to interacting with you all and talking future.
My wife and I are both 32, and we’ve got 2 little girls, 3 and 1. I work full time, my wife part time from home. We’ve got a goal of being free to slow down work to doing what we want at 50, and being totally independent at 55 (though I’ll probably always be doing something).
Our information is as follows:
Net worth: approximately 400k
Pretax Income: 129k
Take home pay monthly: $7,550
House: Worth 375k, owe 225k
Cash: 32k
Liquid mutual funds: 48k
401Ks: 116k
Roth IRAs: 11k
529s: 5k
HSA: 4k
Cars: 18k and 12k
Other various things...
No debt outside the house.
I’ve currently got about $1,500 a month going straight to retirement and $300 to 529s. Beyond that, we’re still planning to bank another $1,500 -$2,000 per month that will go to savings for things like next cars, some to mutual funds, etc.
Have a sizable inheritance coming in the future (1M+), but of course I don’t want to factor that into my planning too much. We want to be able to pull 100k/year throughout our life.
Great to be here and would welcome any thoughts on our portfolio or plan!
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