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[quote=Anonymous][quote=Anonymous]Honestly, I'm wondering where your money goes. Our mortgage is lower than your rent, but we save about 40k a year after maxing retirement. [/quote]

Bills (quoted below all in per mo.)

Car insurance: $150 
Phone bill: 100
internet: 90
gas+electric: 80
rent: 1700
groceries: 300
parking: 70

About $2900 per month in left over cash after subtracting out all taxes and required payments for healthcare and pension contributions.  We are also also putting away $300 per mo. right now into a 'new car pot' for the eventual day that we will need to buy a new car (ours is 4 years old right now), $1000 per month into free cash flow for emergency savings and rainy day funds that I really wouldn't want to tap in case of job loss or health care disaster.  That only leaves about $1600 per month to save for a new house.   Mind you, I also assumed $0 for leisurely activities, expenses if a wedding comes up, buying new clothes, car maintenance/repair, and other miscellaneous expenses.  In reality, the amount we are able to save is more close to $1000-1200 per month for a house after all is said and done.  Even 10% down on a modestly priced house of $500-600k will take several years, assuming absolutely zero goes wrong financially. [/quote]

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