Enjoyed reading the journals, so decided to start my own "go log". Attempting to track my goals, get feedback, improve my plans, and participate in the warm-fuzzies of information sharing with total strangers on the internet (anonymously, of course. Old user, new username to maintain a modicum of anonymity when revealing so much financial information).
Another early 30s software engineer INTJ, working in the financial industry in the Boston area. Married to a freelancer, with two recently created children.
Always been reasonably frugal, and kept close track on spending. Compared to others here, I sometimes feel like a big spender. All the better to improve against, I guess. Wife is on board with frugality, but may not go for anything too extreme. Would love for me to be able to spend more time with her and the kids (a very good reason to ERE!).
Monthly expenses (Past 2 years average, rounded)
930 Housing (just mortgage interest, taxes, insurance and maintenance, not including mortgage principal or imputed rent)
350 Utilities (heat, water, electricity, internet, cell phones)
675 Transportation (fuel, maintenance + commuting pass)
300 Health (premiums for employer subsidized insurance, + co-pays)
270 Food + Household Goods
100 Hobbies / personal
75 Student loan
300 Miscellaneous (entertainment, unaccounted for cash, and the deep well of unknowns)
9500 Combined salary and wife's income (post tax)
1375 401(k) max'd
833 Roth IRAs max'd
4292 Mortgage principal payments
$292k in retirement assets
~$108k conservatively in home equity (don't currently intend to sell)
~$0 in non-retirement savings (would use HELOC/credit card float/Roth IRA for emergencies)
$125k mortgage (3.75% interest on 5/5 ARM)
$5k student loan (~1% interest, I'd be crazy to pay this off)
7.3 years estimated post-ERE expenses saved
? years until ERE
1. Pay off all debts (~3-4 years) while maxing out tax-advantaged accounts
2. Build up 'stash (? years)
Open to any suggestions or questions, especially regarding reducing expenses. Currently collecting my own thoughts on the subject.