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[quote=Anonymous][quote=Anonymous][quote=Anonymous]He is an attorney and lost his job when the legal market tanked.  Our mortgage is 2400 per month and day care is 1500(find me something cheaper I beg you.  Does not exist).  After saving for retirement and college and paying bills and groceries we have no discretionary money.  I am just sad at my reality.  I am fully aware it's fine but it's not at all what I imagined.  Disappointment[/quote]

I'm a little confused at your math. I'm a single mom. I'm making $120K. I'm paying about what you're paying for mortgage and daycare. [b]I'm saving $4K a year for son's college but much much less for my own retirement. [/b]When DS is 10, I plan to invert that and save more like $4K for my retirement and put aside more like $2K for his college, assuming things are still financially as they are now. Things are tight, but by no means terrible. We go out to eat about two times a week; I am able to have wonderful birthdays with him and buy him the presents I want to buy him; we are planning a vacation to Luray Caves and maybe another to Baltimore this summer... I don't seem to be as angry or resentful as you, and I just wonder what else is going on with your money. I drive an old late model cheapo but reliable car, so low insurance and no car payment. I don't have cable and have a boring cheapo phone ($35+ taxes a month). I keep our thermostat really low and buy some of my clothes at Goodwill.

I also have looked into the afterschool care and it's A LOT less, so I am optimistic in 2 years that maybe things will ease up (as I won't be paying for daycare.)

I'm honestly not trying to sound mean, but I am truly confused by why you'd be so upset at your finances...[/quote]

Oh my.  No no no.  Never, EVER prioritize college over retirement savings.  You can borrow for college, but not for retirement.

Max out retirement NOW.  Then plan for college.[/quote]

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