Amgrc84
Registered User
- Messages
- 11
I'm 37yo, salary of 125k year + 50k yearly bonus for the next couple of years. After bonus runs, I'll get compensated similarly in stocks (major tech company in US)
Wife 35yo, 65k year.
Both in very stable positions
Both are adding 5% to our pensions with company matching 5% (maximum they match).
One son, 1yo, chances of having another one in a year or two.
Current debt is just mortgage. 630k house value, 345k left to pay, 2.3% rate ending in September, when we will probably move to a lower one.
Our future expenses in the next few years would be to move to a bigger house or to extend ours (~100k ) and to buy a bigger car (~30k).
Our biggest expenses right now are mortgage (1470€/month), creche (1200€/month) and bills. After all expenses are paid we are left with 6k to save. We both live very easy lives.
Currently we have 80k in the bank, 20k in all-world Etf and 15k in crypto. I'm about to send 20k to an s&p ETF and 5k to a bond etf (following 3 fund portfolio strategy with 40/40/20 split). I don't count crypto as proper investment due to volatily, I just happened to buy some coins many years ago.
We'd be happy to retire early, but honestly our main goal right now is to not have so much money in the bank doing nothing. We'd also be happy with the psychological relief of having a very low mortgage or pay this or next house early.
We both like the idea of an emergency fund for peace of mind, of around 50k.
What would be the best to do with the 6k a month we are saving until the bonus runs out, and 4k a month + 2k in stocks when my bonus runs?
I was thinking monthly maybe 2k into the ETF portfolio, 2k extra for the mortgage, and the rest or a fund for holidays/house repairs/next house etc.
What do you think?
Wife 35yo, 65k year.
Both in very stable positions
Both are adding 5% to our pensions with company matching 5% (maximum they match).
One son, 1yo, chances of having another one in a year or two.
Current debt is just mortgage. 630k house value, 345k left to pay, 2.3% rate ending in September, when we will probably move to a lower one.
Our future expenses in the next few years would be to move to a bigger house or to extend ours (~100k ) and to buy a bigger car (~30k).
Our biggest expenses right now are mortgage (1470€/month), creche (1200€/month) and bills. After all expenses are paid we are left with 6k to save. We both live very easy lives.
Currently we have 80k in the bank, 20k in all-world Etf and 15k in crypto. I'm about to send 20k to an s&p ETF and 5k to a bond etf (following 3 fund portfolio strategy with 40/40/20 split). I don't count crypto as proper investment due to volatily, I just happened to buy some coins many years ago.
We'd be happy to retire early, but honestly our main goal right now is to not have so much money in the bank doing nothing. We'd also be happy with the psychological relief of having a very low mortgage or pay this or next house early.
We both like the idea of an emergency fund for peace of mind, of around 50k.
What would be the best to do with the 6k a month we are saving until the bonus runs out, and 4k a month + 2k in stocks when my bonus runs?
I was thinking monthly maybe 2k into the ETF portfolio, 2k extra for the mortgage, and the rest or a fund for holidays/house repairs/next house etc.
What do you think?
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