No. of Recommendations: 12
Once your mortgage is paid off and your children are on their own, it gets easier to fund your retirement plan with larger savings amounts.

Having had three children and putting them through college and having a mortgage, I heartily disagree with this.

I would save the maximum that you can in whatever retirement accounts are open to you, particularly if you have any matching along the way. You are used to living like a student so if you can continue that until at least your next raise, you will be off to a great start. Then stay one raise behind.

Hoping to catch up later in life in a terrible idea, IMHO, because if you hit a bump along the way, you will never make it.
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