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Reply to "At 35, is 1M a big enough nest egg"
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[quote=Anonymous][quote=Anonymous]For a nice retirement? My DH is the higher earner, but taking a well deserved step back and got a nice Fed position. We'll both be GS-15, maxing out TSP contributions, but won't be able to invest in our brokerage in a meaningful way with expenses. Our house is worth about 900k and we still owe 500k on it, at pandemic level interest rates. I realize I'm fortunate but it's weird not to be able to contribute to the brokerage account anymore. We're in a total world index fund fwiw[/quote] Children? Are you aware that private colleges are now almost $100,000 a year x 4 x how many children you have to put through? Add in taking care of elderly parents, surprise costs like SN kids, speciality doctors, testing, shrinks and SN schools … and you’ll Have even less if fate removes one of you as a bread earner. I hope you have good life insurance too.[/quote]
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