We have my medical school debt completely paid off, and I have maxed out my 401b contribution and roth contribution. I'm now looking for what the next step might be towards saving. Options that I have read about or considered include: Investing into a traditional roth, paying off my mortgage or starting a vanguard. I have listed some details below:
Combined salary (wife and myself) ~400K
Yearly expenses – minimal/standard (also continuing to live like a resident as long as possible)
Ages – in early 30’s
Family – married healthy couple with plan for children in near future
House – Remaining payment 130K at 2.875% interest rate.
Goals – a lot of people ask this but never quite sure how to answer it. To live comfortably in retirement, maybe in the late 50’s?
Thanks!
Combined salary (wife and myself) ~400K
Yearly expenses – minimal/standard (also continuing to live like a resident as long as possible)
Ages – in early 30’s
Family – married healthy couple with plan for children in near future
House – Remaining payment 130K at 2.875% interest rate.
Goals – a lot of people ask this but never quite sure how to answer it. To live comfortably in retirement, maybe in the late 50’s?
Thanks!
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