Wow! I found my people. We obviously have done some things right, but now I've been browsing forums all week and I find myself unsure where to "begin."
Here's the numbers:
Life Situation: Married-filing joint DH 45, DW 44-18yo college freshman-instate university, 16yo HS junior
Gross Salary/Wages: DH 82,000+ annual bonus ~7,000, DW 34,000
Individual amounts of each Pre-tax deductions: DH Roth 401K 378/pay period(pp), Medical/dental/vision 135pp-currently pre-tax but will have option for HDHP with HSA in March; DW Roth 170/pp, HSA 100/pp, Med/dental/vision 17/pp
Adjusted Gross Income: DH 72,398 DW 27,130
Taxes: Federal:2,416 DW 9,419 DH, state/local 1,391 DW 3,058 DH, and medicare and SS 2,399 DW 6,739 DH. (Annual numbers from 2018
Ballpark take home 74,106
Current expenses:
Tithe-10% gross 12,300
Additional charity 1,200
Property tax-4,600
Maintenance 1,170
Insurance-home,auto, umbrella, life 5,200
Education-school lunch, books, uniforms 1,690
Vacation 4,080
Car maintenance 1,820
Food/groceries 4,250
Household misc. 2,200
Dining out 2,300
Car payment 2,760
House payment 16,716
Clothing 1,300
Water/sewer/trash 990
Lawn care 300
Internet 360
Electricity 950
Natural Gas 694
Sling/Netflix 522
Auto Gas 3,227
Cell phone 2,160
Gifts 1,350
Total spent 72,139
Mortgage: 196,000 15 year fixed-3.125%, monthly payment 1,393 18 months in current balance:183,877
Assets:
"Retirement accounts" 179,962 in deferred comp from previous government employment
15,262 in DH Roth from college graduation
61,414 in DH current Roth at work
53,661 in DH current 401K match at work
5,433 in DW current Roth at work
4,026 in DW current 401K match at work
28,327 in DW rollover Roth IRA
117,795 in DH rollover IRA
89,190 in DH rollover Roth IRA
College funds 36,293 in DD ESA-3 years left of instate tuition and fees Took out student loan for $4250
40,783 in DS ESA +5932 in 529 plan
Cash/checking 20,120
Home: ~400,000
Total: 1,000,265
Liabilities:
Mortgage-as above
Car Loan-Original loan 13,490, .9%, 60mo, $230-current balance 2,294
Total: 186,171
Specific Question(s): I feel like we are just floating along. Dave Ramsey got us here, except that we took out that car loan and new mortgage :) There's lots of money in "savings" and we're just kind of on auto-pilot. We need to clean up and tighten up, but it's been fun to not pay nearly as close of attention to it as we did in our 20's. What do we focus on first? I "feel" like we are closer to FI than we think we are. Someone point me toward something. We've been lazy.