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Reply to "Advice on savings allocation "
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[quote=Anonymous]Early 40s family with two elementary school kids making an HHI of $300 to $350k (3 years ago we were at 150k). We are saving reasonably well but seeking input on whether we need to recalibrate as I am worried about college... Mortgage $600k @3.7% 529s - $25k and saving $700 per month HYSA - $30k and saving $1000 per month Retirement - $70-75k per year with balances around $700k Student debt - 10k and paying $325 per month I don't really have room to save too much more as our mortgage takes a big chunk of net pay. Should we keep going with retirement or divert some of that to college? [/quote]
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