Quote:
Originally Posted by Unregistered
Husband and Wife, mid 50s.
Annual family income $193k.
Savings $40k pa.
Home is a luxurious 3 bedder condominium unit in a good district. No more loan.
Car is a sporty, good car, which is paid up.
Total net worth (Husband and Wife combined), $2.2m.
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I'm 28 and I have a savings of $50k pa (one source of income). I think your wife and you would need to assess your expenditure? $40k pa savings on a $193k pa income seems too low.