Tell me about your DTI ratio

Fair enough! I think the 15% annual target is for retirement at 65. And employer match can help with that number; our matches are lame so we don’t get much of a boost from our employers.

I’m not sure if I want to retire early either, but I do want the option! Or the flexibility to stop saving for retirement while I pay for my kids’ college out of pocket, for example. Or to just be able to quit my full time job in my 50s and just be a part time consultant, while taking a few months of vacation a year. Just some flexibility when I’m older I guess.

And I know a lot about big house projects! We bought a fixer upper because it was what we could afford at the time, and we’ve spent pretty much all of our fun money on remodeling.. at this point it’s pretty much our hobby! I’ll be really sad to leave this house because I love it so much and everything is done to our taste, but it’s getting to be a little tight having only 1200 sq ft for a (soon to be) family of four... especially since I want to continue to wfh regularly when the current situation resolves a bit more.

/r/personalfinance Thread Parent