I think you have a very nice setup if you continue to work till 53. That pension deal is very sweet. I assume that the pension amounts you mention are contingent on working for a certain minimum number of years.
My quick calculation of your net worth is $265K which is great. But, you have an income of $162K, and it seems to me your NW should be higher if you've been working 10+ years. Unless, I suppose you had significant debts that you were paying off. Or maybe your income only increased recently.
Regarding expenses and savings, you really need to write it down.
Wife got the huge raise this past year and I just started the side hustle this past year so that was like a 40k extra income boost.
I have to work the next 15 years to get the Pension. ( 2.2% of highest 5 year average salary) times # of years worked. It is very interesting to see how people "game" their pensions. Work like a dog those last five years. Basically for every $11,000 increase in salary those last 5 years your monthly pension goes up $500 for the rest of your days. Teachers will
teach summer school +$5500
teach Saturday school +$3500
Pick up a bus route +$17000
Team Leader +2500
Department Chair +4500
Debate Coach +5000
Then you have the teachers that dont have a clue about money. There are some 70+ year olds that hate life, hate their students, hate their biological kids, The pension cap is 75% so they are not increasing their pension. They just do no not know what else they are going to do with their life.
What MMM Pension Article???