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Reply to "What a self made multiple millionaire would do in your shoes to increase your net worth."
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[quote=Anonymous]OP,if you're still giving advice - 250K HHI Mortgage is $2500k/mo @4.25%; currently owe $389k, value around $500k Combined retirement accounts are just shy of $500k - we max out 401ks and trad. IRAs College accts for 2 kids are $30k - we contribute about $800 month Cash in savings acct $100k Student loans of about $30K We are trying to save up for potential addition to the house. Or I may take a lower paying job, which could be as much as a $70k decrease in salary. We will likely need a new car sometime in the next five years, but I figure we have that covered and will pay cash. I feel like we should have more in savings, or should be doing something else with some of the savings.[/quote]
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