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Wow! Had no idea I would get so many responses. Had a discussion with the spouse today about the grocery category being especially high and upon further evaluation we realized that this also contained a years worth of alcohol, specifically wine. Going to have to work on bringing this cost down :(.

Thanks for being so generous with your time. Really appreciate all the input and overall a good reality check for where we are. I still like my job, just want to safely land this plane at or before age 55 for all the reasons people list on this site and especially b/c I love being away from work...

Great advice and plenty of additional aspects to consider. I'm a fan of the Millionaire Next Door and we conduct our lives in a fiscally sound fashion except for the megapad and vacation home and unfortunately these are big exceptions. The vacation home is actually close by and frequently used...

Thanks Mead and Ivinsfan. Currently going thru the very detailed past 12 months expenses to see what can be trimmed and to divide it into the "absolute necessary" and the "fluff" categories. The number included about 12k of vacation. Both homes are paid for and we currently have zero debt...

feel like a pest, but it's important... Well I don't want to beat a dead horse or be a pest, but I really would appreciate any other input regarding our retirement plan. I have a fair amount of anxiety about this and don't want to mess this up since my wife is depending on me for a successful...

mpeirce, we have money set aside via 529 accounts to cover both kids for about 5 years at a state university (about 120k each).

daylatedollarshort, you bring up a good point on the longevity guess. My wife and I are reasonably healthy (no chronic illnesses yet) but we both do NOT have extreme longevity in the family tree. All family members have done the final polka in the late 70s to mid 80s. We are planning to mid 90s...

ivinsfan, thanks for the feedback. I have looked over the last year of expenses and there are a few things we could cut back on. Some of the costs are associated with upkeep of two homes and some are non-negotiable, like music lessons for both kids, gas for commuting, etc. My wife is pretty darn...

Wow! Thanks so much for all the responses. To answer a few of the questions brought up: 1. The yearly budget of 165k/year only includes expenses (no FICA or savings). This does include taxes, healthcare expenses and about 10-12k in vacations. I run a small business so I pay my own...

Hello everyone. 51 year old frequent lurker on this site. Would love to retire in 3-4 years. I’m seeking advice on fine tuning my plan and getting a reality check on where we are. Married with 2 kids (17 and 11), wife is 51 also. We have tracked spending for the past 2 years and we spend...