Meet Nate & Stephanie
- Nate is 42 years old
- Stephanie is 40 years old
- 2 Children – Sierra 8, and Crystal 6
- Nate works at JP Morgan Chase
- Stephanie is a teacher in the Pickerington Local School District
- Gross Income $175,000
- Total Debt without Mortgage $28,000
- $5,000 in savings
- $50,000 in retirement accounts
Retire at age 65 with $9,000/month
Kids College
Pay Off Debts
Travel & Home Improvement funds
Pay for Weddings
Contribute $550 per month to a 529 plan for Sierra
Contribute $600 per month to a 529 plan for Crystal
Invest $1,000 per month to an after tax investment
Contribute $500 per month to a Roth IRA
Contribute up to the match to Nate’s employers’ retirement plan
Contribute $300 per pay into Stephanie’s 403B