I’ve been doing a lot of thinking about the next 2 years, up until turning 30, but I haven’t seriously thought out the next 10 years (other than I want to get married, buy a house, and have three kids.) I spent a few minutes thinking through what I really want over the next 10 years, and find it fascinating how I see myself, once having kids, significantly cutting back my work hours to spend time with my family. I still want to work, and possibly even work full time, but I cannot imagine working a job earning six-figures when I have kids. I think I’ll want to work 40 hrs/week max at that point, and ideally consult so I can work from home and spend time with my family.
What makes me nervous is that with this plan I only have $525k in networth by 38, and that’s if everything goes as planned where I can continue saving $50k per year until I have my first kid. This all freaks me out quite a bit, I wish there was a way to get to $500k before I get married and have kids!