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Reply to "What is your HHI and how much do you save?"
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[quote=Anonymous]Hhi is 255k (gross) . We save 55k in retirement; 12k in 529 (2 kids in middle/high). Should be okay for college esp since grandparents also have college savings g a for kids. We have about 1.3 m in retirement funds now; 200k in other investments. In our early and mid 50s. We also have 650k left on our mortgage though (gulp), with about 400k equity—and 3% interest rate. Planning to work until late 60s/early 70s if we are healthy. I think We are on track to retire but modestly, not extravagantly (2.5 million or so in retirement plus ss plus combined pension of c 75k year). I wanted to buy less house (we moved in 2020) but dh didn’t and I have a feeling we will want to downsize after kids grown.[/quote]
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