<prompt> Human: Suddenly, my wife and my post-tax income has increased to just over 10,000month. Our expenses living in NYC are about 4000-4500month. We max out our 401ks, but after that, what do we do with the extra money? Right now, it goes into our savings account. We have no debts or really any obligations beyond rent. I feel pretentious asking this sort of thing, but I honestly have no idea where to even start to start with this - I realize that were a lot more fortunate than most. Were both software developers, we basically got really lucky finding good jobs in the city - so now what? Where do I even start?EDIT: Thanks for all of the advice so far. The term rich was perhaps a poor choice, I didnt mean it to be a mark of social status, but rather that suddenly were making much more than we ever have before, saving a lot of it without a ton of effort on track for over 60kyear, not including 401k or bonuses, and unsure of how to be wise with our good fortunes.  <response>: I hope this helps...A few things:1. You are not rich at 10,000 post tax, ESPECIALLY in NYC. However congratulations on your hard work.2. rich is a definition you can only define. It all depends on the standard of living you want. Im 28 and can retire today if i wanted to live a frugal life style. But I dont want that lifestyle, I want more so I am not rich yet.3. Save save save. But dont just let it sit there - make it work. Muni bonds, stock market, build a business, etc.4. Dont grow stagnantplateau because you hit a certain mark, go deeper and achieve more. It is dangerous to reach a goal and to think you are done. Never be done doing - be it love, life, money, or social work. .. whatever it is that pleases you.5. There are three modes you should focus on; Creation of wealth, preservation of wealth, protection of wealth. Repeat. Creation is building a new business or your career. Preservation is a vehicle to get a return on your money and preserving it there through long term growth so it wont dwindle down. Protection is legal and tax defer functions pre-nups, trusts, IRAs, etc.. My two cents. Good luck. 