We will be finished with daycare for our last kid sept 2018. It will be about $1000 a month.
Do we:
Put it in a retirement fund? Pay down our mortgage? To have the house free and clear in 13 years. Add to our savings?
Background. We are both in tenured positions. If we work 30 years we will have a pension at age 65 of 60% salary. We will have also made our last mortgage payment around then too.
We have about 25k as savings and contribute 1-2k a month to it.
By the time my kids go to college, we plan on helping them, but not give them a free ride.
Submitted November 28, 2017 at 11:33AM by ArbitraryIndividual http://ift.tt/2idc7gu
