<prompt> Human: Here is my situation. Im 31 and the wife is 38. We live in the Southern USA where incomes are not very high but housing is comparably low. INCOMECombined income is 74k gross and 52k net. LIABILITIESTwo paid in full cars with low miles 78k, and 88k. House with low payments on a 20 year note, financed 84k mortgage down to 77k. ASSETSIm funneling 15 of gross into retirement and with company match 20. Now the percentages are good but the total put back is low. Im sitting at 34k in retirement but adding just short of 14k each year to this total. SAVINGSWe put back 300 a month for car expensesmaintenancepurchase future car, 300 per month for BIG vacation every 3 years, 60 per month in HSA savings, 50 per month for furniture, 187 towards long term savings. Current long term savings is 3 months but it will double to 6 months at the end of 4 years. If you tally all my savings, retirement, and payments toward principal on house Im sitting at 50 of income after taxes going towards our future happiness. So here is the question: I have a chance at getting a job promotion as Im trying to increase our income. This promotion would net 500 more a month. Do I spend this extra money on retirement or would you funnel this money into lifestyle at this point? Specifically I would use that 500 to buy a house in a nicer area with slightly bigger square footage 1387sq ft current, 1900sq ft future, and on a river. We really want to be on the river and take up boating as a hobbylifestyle. The house comes with a marina slip. New house payments with insurance and hoa would be 1000-1200 per month. Current house payment is 565.  <response>: A portfolio of 34K with 14K added each year till you are 65 earning 6 return with 3 inflation would generate a value of about 908K in todays inflation adjusted dollars at your age 65. calculator If you then withdraw a semi-conservative 3 per year, that would generate a retirement income of about 27K per year. If you can live on that in retiement then by all means spend the extra 500 per month on something you desire to consume now like a better home. Run the numbers yourself using whatever calculator you want, do it several times with different assumptions and calculators. If you seem to be savinginvesting enough to support you and your wife during retirement then you are saving enough, if not, then you have a decision to make!!I may not understand your financial picture fully so dont take my calculations as meaningful, but do it yourself. 