Last edited: Oct 15, 2016 Hi I would be grateful for your advice regarding our financial position: Ages 37 (me) and 36 (husband). 2 children (4 and 3). Salaries €60,000 (me) and €120,000 (husband). I'm public sector and my pension will be 50% of my final salary with 150% lump sum (retire at 60). He is private sector. He contributes €23,000 to his pension each year. His employer contributes 8% of his salary. His fund is worth around €100,000. He receives a bonus of around €25,000 each year. He also has net income of around €7,000 from other sources. He also receives share options and has around €50,000 worth (realisable next year). We owe €700,000 on our home which is worth €1,250,000. The interest rate is 3.1% and there are 30 years left. The repayments are around €3,000 a month. We owe €200,000 on a second property worth €250,000. The rent is €1,250 a month and the mortgage rate is 0.5%. We have a holiday home worth €175,000 and owe €118,000 on it. The repayments are around €480 a month. It also generates €6,000 of rental income a year which we use to cover some of the costs. The mortgage is a 0.5% tracker but the rate is less than 0.5%. There are around 23 years left on it. His employer provides health insurance and protection. Our debts are all insured. We have very little cash but are saving around €500 a month but plan to stop once we have €50,000 in cash (from savings and the share options money). Then we will focus on paying down the home mortgage. My husband says we should not repay the tracker mortgages. Childcare is manageable at €500 a month. We have no other debts and run two cars (which we own). Are we making any obvious mistakes or missing anything? thank you.