Reply to How Do You Think I Am Doing -- What Should I Do Differently?

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Reply to "How Do You Think I Am Doing -- What Should I Do Differently?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am 46.  
HHI = 160K.  
My retirement savings is 414K.  My spouse has saved nothing.
Two kids, 7 & 5.  College savings = 80K.
Home equity = 350.
Emergency fund = 45K, which is a touch more than 6 months expenses.  I'd like to be done with it and push up the 401K (currently putting in only enough to get the match), but I have earmarked a huge chunk of it as a kind of divorce contingency fund.  It may happen; it may not.  It depends on what hour you ask me and I want to be prepared.  I am scared.  And yes, it came from separate property that has not been commingled.  The problem is that I just don't know when to stop emergency funding?  A year's expenses?  Two?
No debt other than mortgage.
Thanks very much.[/quote]
You are doing fine. When you get worried (as we did) remind yourself this: the kids can borrow for college. You do not owe them 100% paid for college. You can move somewhere that is less expensive if you need to. If you need to change, you can.[/quote]

THANK YOU.[/quote]

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