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Reply to "900k mortgage. 250k HHI."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a $1.2M mortgage and around $250k HHI (2 kids no private)[/quote] Are you maxing out your kids’ 529s and your 401ks each month? [/quote] 401(k)a, no - we both put 10% in and fine with that. We are feds and expect to get the FERS retirement. Plus I will have a military reserve pension worth around $2.5k/mo in retirement As for 529s, we are putting enough away that we can pay for VA public school tuition and room and board for each kid. We save money and prioritize elsewhere - paid off cars that we won't replace for a few more years, inexpensive and local vacations, public school, etc [/quote]
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