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[quote=Anonymous][quote=Anonymous]You've gotten a lot of great advice on this thread already, but I thought I would put in my $.02. My DH and I are in our late 30s and our financial situation is just starting to turn around. We have a great deal of student loan debt and didn't manage our finances as well as we should/could have in our 20s (both before and after we met at 28). Of course we both had very low incomes back then too. We have 4 children and that was our choice. Technically, we couldn't really afford them in the eyes of most DCUMers who frequent this forum (i.e. we are not funding 529s for them and they share bedrooms), but we wanted a medium-large family and only had one decade to do it, so we did it. We are on a slow but steady path to financial security. It will take us the rest of our working years to get there, and we are very far behind many others, but I can't spend a lot of time lamenting that. You still have 20+ years left to build up your savings or pursue whatever other financial goals you have -- that's still a lot of time. Not as much as if you were 25 or 30, but enough that you can make real progress. Just make sure you balance the financial stuff with your other goals, values, and priorities. Not everyone has the same vision of an ideal retirement and that is okay.[/quote]

This is a great point. For example, we stopped at 2 kids because we selfishly wanted a more comfortable retirement and earlier than would have been possible if we'd had 4 kids. Look at what really constitutes financial security and a good life, financially speaking, to you.[/quote]

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