<prompt> Human: Edit: Thanks for the feedback guys. It was pretty unrealistic to get the Teslas. Will work on aggressively paying down the student loan debt and buy an affordable car when current cars die. ---Original post---Hello. My wife and I are resident physicians soon to graduate residency. Currently have about 800k student loan debt combined at 7 interest via fedloans 400k each. Income right now is 100k combined but will soon be 600k combined and it would be very easy for us to add 3k-6k per month by doing overtime and working a weekend or two extra per month. We currently rent, 1700 per month, own 2 very old reliable cars which are aging 200k miles on Mazda And 300k on Subaru. We plan on continuing to rent or purchase a cheap condo where our mortgage would be around the same, or max around 2000 per month. We have no other debt and no also no retirement savings. So plan is to pay off student loan over 10-15 years Will probably refinance to around 5-6 with SoFi, start saving for retirement now. We also want to have 1-2 children down the road. Now, we are both tech and environmentally minded and have always wanted a Tesla. We are both in our mid 30s and while all our college friends have families houses etc and are living their life, we have sacrificed the time and relationships to become physicians. We have lived frugally all our lives and want to start enjoying it a bit. I am thinking of a Model X 100k for now and eventually a Model S in a few years 120k. I feel like this is affordable given our new salary. Am I being stupid? Is this realistic? Should I put my money elsewhere and just buy a regular affordable car? Thanks. Edit: we live in California, Inland Empire  <response>: Dont count your chickens before they hatch. Youve got 800k in debt and you want to buy a Condo AND a 100k car AND start building retirement? Slow your roll and take these 1 or 2 at a time. Paying down those student loans should be priority 1. This is guaranteed 6-7 return. You want to start saving for retirement and your high income changes this strategy. For most people I would say throw it all at students loans, but at that income level you are going to want to max your 401k tax deferred 18k each then throw everything else at your student loans.Once you are done with the student loans think about the condohouse or car. Is that 100k car really gonna make you happier? If you want to be environmentally friendly or whatever why not get a cheaper electric car whenever your current one dies? You currently have the potential for high income. Dont start living that way until your debts are paid and you are actually living that way for awhile. 