I'd like to retire by 50, if not 55. I'm currently 44 and SO is 38 and will likely be working by age 50-55 as well (5 years after me).
Current Mortgage: $2,500
Current Household Expenses: $2,500
Gross Base Income: $182K. Bonus and reimbursements make it about $200K/year.
Net take home: $10K. Will be $8,500 in a few months*
Retirement savings: $2,500 monthly including 2 IRA's and 1 401k. Total: $144K *ETA to add: I am working on adding a 401k program in my current employer which will make it about $1,500\month more towards retirement and less in net take home.