Well you are on the right track, but what good will that do if train comes down the track. This is what I see. The bulk of the retirement funding comes from your wife's retirement plan. Probably 403b, which are notorious for having limited choices and high fees. If you see the letters TIAA-CREF you are OK. Of course if she cuts back her hours there goes retirement planning.Since you are self-employed, I assume that your health insurance is coming from your wife's employer. Will they still cover her if she works part-time? Even if you max out your Roth, you still need to increase your savings either thru a SEP or a solo K.And we are trying to save for house down payment.Also funding college.You did not mention an emergency fund. Ditto life insurance.Sounds like a job for a professional. There are several well meaning and some darn good people here, but there are some that are not. You have several competing goals. Sounds like a job for a professional. There are several well meaning and some darn good people here and some that think they are. www.garrettplanningnetwork.com If there is one in your area, check it outDisclaimer, I am a member of the Garrett Planning Network.Buz Livingston
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