Thankfully, my employment was consistent throughout the year, and with the pandemic we saved significantly more than expected this year. Wife was on maternity leave, but goes back to work on Monday, so it will be nice to have two incomes again. The one benefit of this pandemic is the amount I have been able to save, so I am looking forward to that in 2021. It still is baffling to me with the 2020 we had that I made an 8% return this year.
As for whether I am saving enough for retirement, I currently put 14% of my income with my employer matching 6%, and my wife puts 10% of her income with her employer matching 5%, so I imagine I am in good shape compared to most people my age.
I am hell bent on paying off my house in the next 4-5 years before really ratcheting up my retirement plan with an aim of retiring mid 50's. I prefer the security of no longer having my biggest monthly expense in case something goes wrong. Getting laid off 6 days after emptying your life savings to buy a condo at 25 will influence that mindset.
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