My situation

[Eagle]

Thanks Eagle. Yes, we are investing some for retirement. Currently, my wife does 3%, which is up to the company match in her 401k. For me, I'm also doing 3% across a 401k (no match, but there is a profit sharing which equates to a % of yearly salary whether I contribute or not) and a Roth IRA.

To answer an earlier question, yes, we have a mortgage.

No worries.

So your wife invests 3% with a 3% match. You invest 3% and get another 1% in profit sharing. Your household yearly income is probably around 65-75k a year. Honestly, the e-fund is good now.

1. Put more money in your 401k accounts. Perhaps consider increasing you and your wife's contributions to 5%?

2. Save $5500 each year for each of you in a Roth IRA.

3. Look into low cost index mutual funds with Fidelity or Vanguard.

What are the balances on your investment accounts?

[cashisking500]

Hi Eagle. Total retirement saved currently is around 40k. I know we need to increase this in a big way.