cdavies9954 asks,Between us both, our pretax income is $174,000. We have minimal debt, and want a house in two years. Sounds like a trip down Pleasantville Road, huh? Not quite yet.... The only savings we have to speak of is 30,000 in a discount broker account from a 401K rollover from my last employer(which I am proud of doing before I ever found this website).Here is what I am proposing to my wife for the short term investing "game" (She thinks I am a rookie and have no financial savy) that's making our financial discussions edgy. Our Income 174,000401K (maxed) + 2 Roths 14,000Taxable Income 160,000Taxes (State & Federal) 55,200Other Expenses (rent/bills/debt 58,800Net Investible Income 46,000That's an excellent plan! Saving more than 25% of your income at such a young age should put you well on the path to retiring before age 50.There's a spreadsheet on the Retire Early Home Page, the Millennium Edition -- Generation-X Retirement Calculator, that can show you the effect of various levels of savings and spending on your retirement date, it's worth a look:www.retireearlyhomepage.comintercst
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