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[quote=Anonymous]Thank you to all who responded.  The car loan is around partly due to bad luck.  We moved to a LOC area, but that required purchasing a second car.  Then a month before the move, another driver fell asleep and hit our car, totaling it.  It was an old but very reliable car, so the amount we got from insurance was not anywhere close to replacement cost.  So right as we were putting all of our cash down for a down-payment, we also had to suddenly purchase two cars.  We only had enough to purchase one in cash.  We definitely spend too much and we're working on that, but the car loan thing has a little bit of bad luck thrown in.  HHI this year is 275K (that's both salaries combined).  Age 35, and I think we have about 60K saved for retirement, which is way behind where I'd like to be, but we haven't earned this much very long, and student loans (my husband owes a lot more) and childcare for 3 kids are fairly crushing.  Part of our retirement strategy is rental income from the properties we own (which now break even on mortgage + expenses).  We are trying to be more responsible though - certainly don't feel poor, but should probably act like it.  It sounds like the consensus is to pay off the car loan (or try! didn't realize 50% of bonus would get eaten up by taxes) and put any extra into emergency fund or the student loans.  Thank you very much for the advice![/quote]

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