Reply to Middle class professionals: tell me about your finances

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[quote=Anonymous]At 33/34, our financial life in a nutshell: 33K cash, 137K retirement funds, 4K in credit card debt (current snapshot - we put all of our expenses on cards and pay in full every month), 350K mortgage, approximately 400K in student loan debt (90% of which was law school). We're public interest lawyers and are depending on public service loan forgiveness. If that gets messed up, our financial lives are screwed. So we'll see. No kids, but my in-laws have already explicitly stated they would help financially (they are a little desperate for grandkids). They've offered to contribute to the cost of daycare, which would mean we'd have room to save for college. I suspect they'd also contribute to college costs - DH's grandparents paid for half of all the grandkids' college costs, and my in-laws certainly appreciated the assistance and would likely offer us something similar. They get that the grandparent's assistance is part of the reason why they're set for retirement and in a position to help their own grandkids. Assuming they eventually have some. [/quote]

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