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Reply to "Late 40s. We have about 3.5X our gross HHI saved. Is that ok?"
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[quote=Anonymous]I agree raw numbers would be helpful here. For the sake of comparison, here are ours (one kid, late 40s, both work but one spouse is currently PT): HHI: 160k Total savings/investments (excluding 529): 520k 529: 30k Current home equity: @400k Projected pension value: @80k/yr Non-mortgage debt: none We feel behind on college savings but still have time. We should be mortgage-free by the time college costs arrive which will allow us to cash flow some costs. We also expect HHI to hit 200-250k when PT spouse returns to FT. We don't feel wealthy but do feel on track to retire by early 60s with decent options and be able to maintain current lifestyle even if costs continue to rise. [/quote]
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