39M, Trying to get there before 45
My wife and I have been in a very fortunate position where we're able to boost our retirement trajectory by liquidating my company RSUs and taking it out of that concentrated position with around $170k in company stock vesting within the next year. Here is how our money is broken down currently:
Household income: $181,000
Joint Brokerage:
SPAXX Money Market - $9,228.50
VTI - $$214,836 (80%)
VXUS - $52,269 (20%)
My 401k:
Vanguard Target Date 2050 Fund - $107,527
My wife's (36F) 401k:
Vanguard Target Date 2055 Fund - $89,898
Roth IRAs
Me - VOO - $16,841
Wife - VOO - $7,629
Wife's old work Pension - $26,569
Cash (Ally HYSA)
Emergency Fund, Tax Reserves, Roth IRA Sinking Fund, and other earmarked buckets - $222,578
My personal checking - $5,000
Wife's personal checking - $13,000
Net Worth (Not counting unvested RSUs): $765,665
I made financial mistakes in my 20's (including making 401k withdrawals and being underwater on a car loan at a real low point), but have worked relentlessly paying down all my consumer/student loan debt and building my 401k back up before this windfall even came about. We used a small portion of these proceeds to pay down the last ~$20k of my student loans to make us completely debt free. We also purchased a new 2026 Rav4 XSE in cash to keep for a long time, but that was money we saved up as well as allocated a small amount of the RSU proceeds to put towards, so that doesn't count towards our net worth displayed above.
We're currently renters and don't plan on buying a home for another few years when we're actually ready to plant roots in a community. Right now, our goal is to continue investing aggressively in the broad market and possibly retire in our mid to late 50's.
A lot of the liquidation happened this year so we've already paid a good chunk to the IRS after hiring a CPA. After tax season, we also plan to hire a flat-fee CFP to help further optimize our finances and set ourselves up for the future. We also have a pretty conservative $100k in our emergency fund but are open to trimming that down or keep it that way depending on what our CFP suggests. I know that having company equity that ballooned over the years is a very fortunate position to be in, so we don't take this money for granted. We are fortunate to be in a better financial position than the average American household.
With our net worth, we're hoping to get to $1 million before I turn 45. I know there is a realistic scenario that gets us there well before that, but I like to make very conservative assumptions.
I welcome any critique and general advice!