We're in our early 30s with $2 million saved - should we scale back or wait until we hit $5 million?
Briefly

A Reddit user is contemplating taking a sabbatical despite having a $2 million net worth and earning $700,000 annually. He and his wife prioritize their family, as they have a 3-month-old son and plan to have more children. Their current savings allow them to put aside around $400,000 annually after expenses. They contemplate reducing their working hours to enjoy life more and possibly start a business, but they must consider whether this decision will compromise their long-term financial security.
He and his wife currently earn $700,000 and spend $130K per year, saving around $400,000 annually. They are considering a sabbatical to work part-time.
Concerns include long-term financial security versus the desire for more family time and activity. Their investments may not provide sufficient income alone.
Read at 24/7 Wall St.
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