I am 38, and my wife is 35 (for a few more weeks). We have 2 kids, 4 and a half and 1 and a half. I work in corporate taxes for a big multinational. I started savings for retirement at age 24, when I started to work. In college I saw a compound interest chart, and that was a big deal to me. I pretty much always max the 401(k) now. The IRAs took a break for a while after we became parents and home owners.
Our net worth is in the 400s. We have a couple of home improvement projects in the near term (suit the house to our needs), then it mortgage killing time. Between my pre-payments and some restricted stock that vests over the next 5 years I think we can pay off the $300K balance in 48 months. All my money details are here:
https://www.networthiq.com/people/Sesq
Our net worth is in the 400s. We have a couple of home improvement projects in the near term (suit the house to our needs), then it mortgage killing time. Between my pre-payments and some restricted stock that vests over the next 5 years I think we can pay off the $300K balance in 48 months. All my money details are here:
https://www.networthiq.com/people/Sesq