- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Question on retirement status
Posted on 3/18/19 at 9:51 pm
Posted on 3/18/19 at 9:51 pm
What is your perspective?
Wife and I make, combine, about equal take homes, 260k total. (Note this is starting this year after raise, last year was 253 k.
I have been in my roll for 5 years. Prior was graduate school. Wife has been working 10 years, straight out of undergraduate.
I am 35, she is 36. We have 2 kids.
Her 1st 401k was rolled over and worth 230k, last time 8 checked. Her current 401k is 115k. My 401k is near 150k. We max contributions each year. We own, outright, 40 acres worth 190-200k on the market. We have another 30k in an investment account (just started playing in this space). We have 35k in checking with 2% interest.
Been in the current house 2 years. Worth 350k, own 275k on it. Owe 10 k on a 2017 car and 29 k on a 2017 pickup. No revolving credit card debt. Use them for %cash and pay off every month.
I feel like at 35 we should be ahead ~700k in assets/saving. Debt is 315k (ish).
I do have an expensive hobby, track time...
Wife and I make, combine, about equal take homes, 260k total. (Note this is starting this year after raise, last year was 253 k.
I have been in my roll for 5 years. Prior was graduate school. Wife has been working 10 years, straight out of undergraduate.
I am 35, she is 36. We have 2 kids.
Her 1st 401k was rolled over and worth 230k, last time 8 checked. Her current 401k is 115k. My 401k is near 150k. We max contributions each year. We own, outright, 40 acres worth 190-200k on the market. We have another 30k in an investment account (just started playing in this space). We have 35k in checking with 2% interest.
Been in the current house 2 years. Worth 350k, own 275k on it. Owe 10 k on a 2017 car and 29 k on a 2017 pickup. No revolving credit card debt. Use them for %cash and pay off every month.
I feel like at 35 we should be ahead ~700k in assets/saving. Debt is 315k (ish).
I do have an expensive hobby, track time...
10
Posted on 3/18/19 at 10:48 pm to littlePNdaB
Subtle...
Posted on 3/18/19 at 10:53 pm to littlePNdaB
You'll never have enough.
I'd just do hookers and blow.
I'd just do hookers and blow.
Posted on 3/18/19 at 10:54 pm to littlePNdaB
quote:how about a mule?
We own, outright, 40 acres
Posted on 3/19/19 at 6:22 am to littlePNdaB
This is just a brag thread if true, but then you knew that already.
My perspective is you are doing well for yourselves. But you can always save more.
My perspective is you are doing well for yourselves. But you can always save more.
Posted on 3/19/19 at 7:43 am to littlePNdaB
Your wife graduated undergrad at 26, and was then able to accumulate $230k + $115k = $345k in 401ks by age 36?
Posted on 3/19/19 at 8:02 am to littlePNdaB
quote:
What is your perspective?
Wife and I make, combine, about equal take homes, 260k total. (Note this is starting this year after raise, last year was 253 k.
I have been in my roll for 5 years. Prior was graduate school. Wife has been working 10 years, straight out of undergraduate.
I am 35, she is 36. We have 2 kids.
Her 1st 401k was rolled over and worth 230k, last time 8 checked. Her current 401k is 115k. My 401k is near 150k. We max contributions each year. We own, outright, 40 acres worth 190-200k on the market. We have another 30k in an investment account (just started playing in this space). We have 35k in checking with 2% interest.
Been in the current house 2 years. Worth 350k, own 275k on it. Owe 10 k on a 2017 car and 29 k on a 2017 pickup. No revolving credit card debt. Use them for %cash and pay off every month.
I feel like at 35 we should be ahead ~700k in assets/saving. Debt is 315k (ish).
I do have an expensive hobby, track time...
I'm 37, HA, I win!!
Posted on 3/19/19 at 8:08 am to littlePNdaB
quote:
What is your perspective?
that i know dabigfella and he is richer than you
he drives rolls royces in whataburger drive thrus baw
Posted on 3/19/19 at 5:46 pm to littlePNdaB
quote:
I do have an expensive hobby, track time...
Nah. Once the car is paid for, only if you hit something or blow an engine.
I've spent more on most of my other hobbies than going to the track. I assume you mean high performance driving sessions and not actual racing...
I don't mean to sound like a richard, but the track time isn't the most expensive thing in your household. You mentioned two kids, I believe? How's the college fund looking?
Posted on 3/19/19 at 7:30 pm to littlePNdaB
You are doing better than 97 percent of the people in this country including myself. Be thankful. Does this long brag about your hard work and good fortune come with a question?
Posted on 3/19/19 at 10:56 pm to littlePNdaB
quote:
I have been in my roll for 5 years
English major? Or baker?
This post was edited on 3/19/19 at 10:56 pm
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News