I dunno, 28% is quite a lot.
Your kids are not going to be at home for too much longer. When they're gone and busy with their own lives, will you regret not doing more fun things with them?
I'd say you should cut back to saving 25%, and instead of blowing that extra 3% on little stuff like pizza and movies, you should save it for some really big, meaningful thing, like taking your kids on a nice trip or something.
But really, I agree with everyone else that it's up to you, and this would be a fine amount to save if you didn't feel pinched. If you feel pinched, I think you'd also be okay if you cut back the savings.
If you've been saving 15% in your retirement account for the last twenty years, I think you could probably to save a bit less and still be okay.
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