Here is what I wrote to an earlier response about our salaries being “enough”.

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That’s a fair response, depending on your definition of “enough”.

Mine includes achieving the goals I set out in another article I wrote about buying vs renting, including:

• 6-month emergency fund
• Fully funded retirement accounts ($19,500 for 401k and $6,000 for Roth IRA, per person, per year)
• 20% down payment saved for future house
• Fully funded 529 contributions over 10 years (up to $298,000 total)

To meet those goals, $100,000 is not enough.