Just wanted to post our situation out there and see if anyone has any comments or criticism (all figures annual):
Life Situation:
34M/34F, Married w/ no kids (probably never).
Live in Mankato, MN (low-cost college town).
Both of us have solid professional careers.
Two siberian huskies and a malamute (DW's "Dog Farm").
Gross Salary: $136K (combined)
Pre-tax deductions: 401K: $10320 + $6000 employer matches. Insurance: $2400.
Other Ordinary Income: $300 annually from ESPP dividends. (Big whoop)
AGI: $123,580
Expenses:
Mortgage payment: $8004 (annual P&I), $3084 (annual T&I)
2nd Mortgage: 3900 (annual P&I)
Note: We have a second due to when we refinanced we did not have 20% equity and did not want to go the PMI route since it is no longer tax deductable. Also, we pay an additional $2100 annually towards the second to get that fucker taken care of quicker.
Groceries: $4800
Student Loans: $3900
Taxes: As DINKs we usually end up paying in 2-3K a year.
Home Maintenance: Varies, but I'd say about 2-6K a year.
Dining/entertainment/travel/fun stuff: $12,000
Gasoline: $1200
Electricity: $1000
Cell phone bills: $1000
Gas Bill: $984
Haircuts: $800 (I'm f'n losing mine so soon I'll stop paying for it, but most of this figure is from DW anyway...)
Car Insurance: $750
Water & Garbage: $660
Internet: $636
Vet bills: $500
Dog food: $600
Firewood: $300 (Woodstove, which can heat the whole house and has come in handy when we have lost power for several days here up in Winterfell)
Car tabs: $200
Total expenses: $54,418
Assets:
House: $197,000
401Ks: $128,300
Roths: $24,320
Emergency Fund: $27,000
ESPP stock: $4132 (CNSL, if yer interested)
Vanguard VTI ETF: $1000 (Just opened recently, plan on socking away $1000 a month here)
2006 F150 (I know, I know... In my defence I haul a fair amount of firewood and it is the designated "loaner truck" to basically anyone who asks me nicely to use it to haul shit.)
2008 Rav4 (Just hit 50K miles, we don't drive a lot)
Total assets: $381,752
Liabilities:
Mortgage: $141,890 @ 3.5%
2nd Mortgage: $11,756 @ 5.5%
Student Loans: $5,475 @ 2.5%
Aside from that, my office is less than a mile from our home so I walk/bike a lot. DW's office is about 2.5 miles away but involves a steep ass river valley climb so she doesn't bike very often. When all is said and done, our net worth has been increasing at a pretty consistent $60K a year. We have about 18-24 months left on the second mortgage and student loans and after that the money will go towards the ER pile.
Again, any comments/criticism/facepunching are appreciated. Thanks.
[Edited, because math]