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[quote=Anonymous][quote=Anonymous]Delay instant gratification. This includes kids. I really can't stress this enough.

We didn't start having kids until our late 30s because we wanted to purchase a house, whittle away my students loans (still not paid off but the end is in sight), get our retirement investments on the right track, and get a few big promotions.

We are now in a great place to start a small family. The first child will be born this fall. We'll take 6-12 months with the first kid and re-assess.

Again, delay that instant gratification. This economy is unforgiving if you don't have a tech job with crazy salary+benefits or family money. [/quote]

Strongly disagree regarding the kids stuff. This is basically how I feel about it: https://hmmdaily.com/2018/10/18/your-real-biological-clock-is-youre-going-to-die/

We are 31 and 33. HHI between $160k and $230k, depending on bonuses. Together have around $200k in retirement, maybe $5k in a 529, plus another ~$150k in savings and taxable brokerage accounts. We owe $430k on our mortgage. No other debts.

We are lucky and in good shape because I saved a lot when I was in big law, and had minimal student debt thanks to scholarships. My husband scrimped and saved to pay off his student loans while working lower-paying legal jobs, and we managed to totally wipe them out recently thanks to a big bonus. We have one kid and would like more if we can. We also get a lot of family support—in particular, my mom takes care of our baby full time and will until she is at least one, which enables us to continue saving for retirement. I am Chinese, so this kind of cross-generational resource pooling is normal.[/quote]

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