I am 44, working as a mid level manager, getting only $105k pa. My wife, 41, also a manager, earns $114k pa. We share the monthly mortgage payment of our luxury condo. I pay for the car monthly loan, petrol, maintenance, road tax and all related car expenses, the kid's tuition, our other loan, insurance, etc. I only save $20k pa. My wife takes care of the groceries, kids' pocket money and her personal shopping. She saves $40k pa.
Even though I earn less, I spend more for the family. I will have less for retirement. My wife will have more for retirement. I think I may need to drive a taxi when I retire at 65.
Do you guys have the same experience as me? Am I stupid? Please share. Thanks.
|