>early 30s>make 150k (but sort of fed up with my job and probably will get outclassed by AI in like 2 yrs max)>wife makes a bit over 100k (likes her job but may be rekt by AI too)>we have a baby - not a financial thing but life thing - and might go for 1-2 more>cheap-ish mortgage ($1700/mo, 3.5% interest) w/ 190k left on the loan>reasonable car payment (<$500/mo, paying off in a couple years)>50k cash (3.5% high yield savings) - contributing $2700 a month (safety net + saving for future house downpayment/furniture/rainy day funds... nearing the end of this saving though)>115k brokerage (basically just heavy voo) - contributing $3200/mo>325k combined 401k, taking a bit more than the company match>250k crypto (thank u link)Some constraints/desires>Home won't last us forever, not big enough and school district is shit. Ideally would like to move in a year but we don't necessarily have to immediately>if/when baby 2 arrives we'll need to promptly GTFO since this house won't work space wise>both of us want to be more present for baby but it probably makes more sense for wife to make a career change/stop working than me purely from the money standpoint>retiring early sounds nice in theory but I dont see it in the cards for us unless we were more frugal, didn't move, saved/invested more aggressively and leveraged like roth IRAwhat would you do in my situation /biz/? What's the strat here?thanks in advance
You're doing better than like 95% of people so quit being a pussy and just keep on chuggin along
doing way better than me. im a 100k/yr fag.you guys should build your own house - one of brick masonry that will last generations. dont buy a cheap wood and sticks house with a veneer.building a brick house is cheaper than you think.
this is my dream house but i'll share it with you OP
Sell everything, rent a place to live, and bitcoinmaxx. Then once you make it go and live in Thailand or wherever.
>>62717700fine, fair. just looking for optimization/thoughts of what to do in this situation.grinding 10 yrs out I'm looking at 2.3 mil NW but that doesn't seem right because next house will for sure take a hit to what we can save. Plus if wife takes off work for some amount of time gotta really hunker down.just wondering how you feel like these conflicting desires to make it/provide + live the life you want can be handled in this fucked up macro env.We live pretty modestly except for treating ourselves to restaurants and coffee a couple times a week>>62717703>>62717707I've considered it... The issue is homebuilders are notoriously shit in my area. Would you do the work yourself or hire a skilled builder?>>62717716kek
>>62717686dunno dude what did Muse say to do already? Id start there man your close to makin it
>>62717686Why bother making this goofy ass LARP up in thread? Mentally ill freak
He is in much better shape than he thinks. Ignoring cash and crypto, their 440k would pass 1.5 million in current dollars by 60 at 5 percent real growth with nothing added. Normal retirement is roughly covered, and retiring in their early 50s is realistic if they keep investing.The real risk is concentration. Crypto is a third of their portfolio, likely mostly one coin, and both incomes face the same AI threat. House money needed within a year should not sit in something that can halve in weeks, so cashing out enough for the down payment into the HYSA or Treasury bills would lock in the win. Long term gains cost roughly 15 to 19 percent federal plus state at their income.Buying the next house while both still work makes approval easier, but the payment should work on his 150k alone. If it only works on two incomes, the plan breaks the moment either job goes. Moving before baby two avoids a rushed purchase, and 6 to 12 months of expenses should stay in cash after closing. Renting out the current place only makes sense if rent clearly beats the 1700 payment plus upkeep.His wife stepping back costs less than it seems, since after taxes and daycare for two kids her net could be under half her salary. Part time work or consulting instead of quitting keeps her skills current, a hedge if his job goes first.They send 3200 a month to a taxable brokerage while barely passing the 401k match, yet each pretax 401k dollar saves at least 22 percent in federal tax. After the match, the usual order is HSA if eligible, Roth IRAs for both, via backdoor if over the income limit, then max both 401ks, then the brokerage. Add a 529 for the kids.Term life on both, disability insurance for him, and wills naming a guardian should come before either big change. Not financial advice. A fee only planner could stress test the one income plan.This post was brought to you by Opus 5.5 Max
>>62717720im not sure, but it should be a fun project. I asked Gemini to sketch up the basic plan and shared the photo here. my belief is that with a solid, brick masonry generational home, you will feel rock solid (get it) heheh.here's one with a brick roof but that arch may be a lost art of masonry.
>>62717723>mid tier stats for early 30s is larpok>>62717721>musewas a button press away from signing up but didnt wanna give zuck any more of me than he already has... if you're being serious is it actually any good?
>>62717725based thank you opus anon.this is genuinely helpful slop
>>62717732Eat shit faggot
>>62717686You have enough to retire to Dagestan and train your children.
>>62717732It's not mid tier, retard
>>62717686You're already past the point of being able to take substantial risks without jeopardizing the wellbeing of your child(ren) so you're best off just continuing down the path you're on and coming to terms with the fact that you're not going to be able to retire until your 60s or 70s
>>62717686>humble brag the postyou are insufferable cunts
