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Reply to "How to plan for vacations and not be a jerk parent."
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[quote=Anonymous]I think you need more college savings. Have you calculated what your basic living expenses are compared to likely SS payments? 1m would generate 40k a year at 4% withdrawal rate, so it's hard to know if you're in good shape for retirement or not without more info. Can your X contribute to a 529? How many months of expenses would your emergency fund cover if you lost your job? I would aim for at least 6 months especially as a single person. I would hold off on vacation spending for now. [/quote]
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