re: What retirement savings balance is your goal, and by what age?

I plan on downshifting to a part-time job well before I hit my number, and pray to God time in the market accrues the rest. No way I can keep doing this shite until I'm in my 60s.

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We currently put just under $70,000/year into 401k, 403b, 457, and her pension. We also max our backdoor Roth IRAs. That alone is $1,68mm in contributions for the next 24 years. If that doubled once I would be happy but I've got 24 years to go, so I'm hoping for it to at least double twice. Who knows?!? Calculators say we will have $5.8-$6.2mm, if I recall correctly. Maybe it was $6.8mm.

I'll also get a "raise" when we pay off med school and don't have a nanny. That will be an extra $5,000 a month to dump into taxable which is not part of the above calculation.

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Good job. It's unfortunate, but most physicians are pure shite with money. Partly arrogance, but to some degree I think many are demoralized by having so much debt late in life and just decide they are tired of sacrificing and just say "frick it". I hate it, but other than some old school guys that made their bank in the seventies, eighties and early nineties, just about every doctor...regardless of specialty...is broke as frick and can never retire. I had the good fortune of having a dad and several older cousins that were physicians. Now, I didn't grow up rich. My Dad was 16 when I was born and neither him nor my mom came from money. In fact, we are old school poor. So, I made a point to keep my debt to a minimum and prioritize saving/investing over all else. I also educate myself financially and was always business oriented. I learned from mistakes my dad and others made instead of having to piss on the electric fence myself to learn the lesson. Keep up the good work.

What field you in? Age? Just curious. Don't have to answer.