The author feels overwhelmed managing his family's finances, particularly in regards to retirement savings and the three children, prompting anxiety about what to prioritize.
Despite having significant assets, the author is only contributing about 10% of the family's income to savings, falling short of the financial planning guideline of 15%.
Comments highlight concerns around RMDs and emphasize the importance of not only saving but also ensuring that both spouses are adequately preparing for retirement.
The decision about how much to allocate to the wife's retirement savings reflects a common dilemma among families about balancing current needs with long-term planning.
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