Married, two kids. My wife is a daycare provider and I work in state government. Our kids are healthy. We don't commute by car so we could do without a car indefinitely if needed.
There's a tremendous daycare shortage and she has a waiting list a mile long. My job is very secure. We both have disability coverage and life insurance. Credit scores are in the 820's.
We currently have $5k in cash as an e-fund, and we are pretty meticulous about saving cash for known future expenses (vacation, summer camps, new-used car in a few years, home repairs, etc.).
We've been putting $350/month into building the e-fund up, and I'm considering either slowing that down or stopping entirely and putting that money towards investments (likely a 457). It just seems a bit unnecessary to have much more than that in the e-fund and I'd love to build the 457 up faster.
Would love to hear people's thoughts on this situation.