cool, you got a plan that lets you do mega backdoor?
I do - but sadly some spending is starting to take over that is taking a lot of my extra funds. I don't yet have enough extra to make the Mega backdoor worth the process yet, I just put an extra $200 or so into after-tax brokerage right now in addition to maxing out retirement (2x 401ks, 2x ROTH IRAs + HSA)
We moved recently to a new home that was ~3x more expensive than our starter home.
Had our 2nd kid so I'm shoveling money into 529s every month for them for college savings.
Next up is going to be a new car, because the amount of shit you have to bring when taking kids places is ridiculous.... Soo.... time for that SUV.
Also since moving there is just a lot of upgrades needed, new rooms to fill with stuff, etc...
I'm in the process of refinancing our home from the 15 year to a 30 year, because I just don't like forcefully having to do these large payments every month. During times like these when there is an economic downturn is when I want to have the ability to pay minimum on everything and just shovel shit tons into investment. Even though I'm going from a 15 year to a 30 year, I'll STILL have a 0.3% lower interest rate.
I'll see where we are at in another year or two before I pursue the Mega Backdoor.