Bakari has some excellent posts with statistics on bike safety and prescriptions for how to ride accordingly, but I can't for the life of me find them with the search tool.
:) thats ok, I don't mind typing again.
ERwannbe, you posted some numbers, but not enough to make specific recommendations. Sounds like a household income in the 6 digit range though, even on years with low commission and low side hustle, so you only need to adjust your spending and you won't need to worry about baby costs derailing FI. There is a really good thread on here called "putting off parenthood" that goes into great depth on the subject, with people weighing in with many different experiences and viewpoints.
Regardless, start cutting costs. With that kind of income, you can lead a very luxurious life and still have a good 30-70% savings rate. I disagree about setting a budget based on your minimum income. Set your budget way below that.
Take that 10k and put it somewhere it will start generating at least a little passive income, and start making plans for what to do with it as it gets bigger, whether its a rental property or a dividend fund or whatever. You'll find plenty of talk on here about that stuff.
On biking: I don't have the statistics on hand to back this up right now, and I don't feel like searching right this moment, so you are going to have to take my word for it for now...
There are several ways a car and bike can make contact:
-bike is at intersection (or driveway) going straight, car on cross street hit or is hit by bike.
The vast majority of the time, this is because the cyclist ran a stop sign or red light.
Solution: do not run lights/signs.
This can also happen because the cyclist did not have a headlight on in poor visibility. A cars headlights don't light up your reflectors from a 90 degree angle
Solution: use a bright headlight - even in daytime if visibility is poor (even cloudy / overcast)
-bike is at intersection going straight, car comes up from behind, turns right in front of bike
Solution: do not hug the shoulder. Ride as far as a parked car away from the curb, even when there is no parked car there.
-bike is at intersection going straight, oncoming car turns left into bike
Solution: combination of the two above, use bright flashing headlight, even in daytime, and ride out in the lane where you are more visible. Also, pay attention, and be ready to brake at all times.
-bike is riding too close to a parked car, driver of parked car opens the door and bike hits it
Solution: ride several feet to the left of parked cars
-bike is just riding along, car comes up from behind and clips cyclist
Solution: don't worry about it. This almost never happens. Seriously. Of all the types of bike/car collisions, it is the least common. For all practical purposes, it never happens.
Yet it is the one that ALL new cyclists worry about the most.
Unless a cyclist is riding at night with no lights and no reflectors, it is pretty easy to see when you are coming up behind them. The one place even distracted drivers tend to be looking is the road straight ahead of them. They have plenty of time to see that you are there. Unlike with a head-on collision, the relative speed if a bike is going 15mph and a car is going 30, is only 15mph because you are both going in the same direction.
Drivers rarely randomly swerve side-to-side when driving along a straight road. If they did, they would be constantly clipping the mirrors of parked cars, side-swiping each other, and running up on the curb when there is no shoulder. These things almost never happen, just like drivers don't run into cyclists from behind.
But even knowing that, its still scary, (at first), to have these giant loud 2 ton steel machines whizzing past you one foot away with a 15mph speed differential. The only way to get over that is to just do it, and keep doing it until it feels normal.
Incidentally, one way too keep drivers from coming up way too close to you when there is no shoulder and barely enough room for both car and bike is to more more to the
left. Make them change lanes to pass you. If you hug the curb because you are afraid of cars, drivers will take advantage of that and squeeze past.
Ride like you have as much right to the road as a car driver - because you do!