Post # 1
Darling Husband and I just got married last month! We definitely are not TTC yet. We still want to travel, buy a home, and are still enjoying some of the freedom of being childfree right now. However, being a mom is absolutely my calling and it something that I have felt strongly about ever since I can remember. Ultimately, I would like to start TTC when I’m 26/27 and when Darling Husband is 29/30. I would ideally like to be a younger mom, but I also want to have a good savings first to make sure I can appropriately provide for my child. I’m 23 now, so it isn’t too far away but we still have time.
So I’m just asking out of sheer curiosity (and because I’m type A and love to plan). How old were you when you started TTC, and how much did you have saved?
Post # 2
We got married almost 5 months ago. We’ve been talking baby making for a while now. I just turned 31 earlier this month. I’ll likely be 32 when we TTC, he’ll be 37 (planning for starting sometime late 2018/ early 2019). We have over 150k saved and own a home.
Post # 3
I’m 33 (married last month too) and am just now starting ttc.
I own a house which depleted most of my savings as the money went towards a down payment and many, many upgrades. I do have equity in the home and $200k+ in my retirement fund.
My husband has a good amount of money that I don’t feel comfortable disclosing in investments and in his retirement fund.
Together we also have some debt including our home, our cars and credit cards.
I recently took a course on Financial Life Coaching and read one of Dave Ramsey’s books. I highly recommend the following as an easy read with some pretty basic advice.
Post # 4
26. TTC. I have about $40k in stocks I can cash out at any point, I have a modest mortgage on my house with all recent upgrades, and my car is paid off.
Post # 5
We got married at 23/25, and are now TTC at 28/30. We have about 100k saved including our retirement accounts, and we own a home. We absolutely loved spending our first 5 years of marriage just enjoying each other without children, but now we feel it is time to start a family.
Post # 6
Both currently 28 and pregnant with first child. We have about $400k in investments and retirement, both cars are paid off so only debt is our mortgage.
Post # 7
There are plenty of people who have kids despite not being 100% financially secure. It’s nice, but it’s not a prerequisite.
We were going to TTC about now (I’m 32), but we ended up with a surprise pregnancy over the summer. Financially, we are very secure, though Darling Husband is still in the process of finding a new job, which has been less than ideal. On the other hand, he has plenty of time to go with me to my OB appts, ultrasounds, etc., which is nice too.
Post # 8
I’m 19, I have $4 million saved up in cash, $65 million in my retirement fund, no mortgage and we own 6 houses. We have two paid of luxury vehicles.
Post # 9
Hahaha. This. Seriously, after reading these I was like “Whelp, maybe I need to wait longer than I thought” and “I’ll never get those savings on a teacher salary…”
Post # 10
djbeats : hafh2016 :
Oh my gosh, I relate! Darling Husband works in a hospital so he earns a decent income, but nothing fancy and I’m on a teachers salary as well. While I would LOVE to be financially secure, it looks like I won’t have this kind of security that other bees have until I’m maybe in my late 30’s and I don’t want to wait that long. But it is interesting to see how much other bees have saved for their kids 🙂
Post # 11
We started ttc at 26 (two years later and were still trying…) and we have about 50k saved maybe more. We have no debt, mortgage will be paid off in 10 years. Hopefully we won’t have to touch the savings we have and can just live off our pay checks and continue to save. I plan to go back to work after maternity leave.
Post # 13
Financially we are ready technically. We have been waiting for my mom to have a 3rd back surgery for nearly two years now. I currently own a home with her. Darling Husband owns our home and pays for everything here. We are actually planning on selling both with my mom living with us as she will still be disabled even after the surgery and she’s older. Also there is no way we can afford a kid and keep helping my mom. I wanted to be pregnant already but oh well you do what you gotta do.
Husband also has a healthy retirement account and pension, my 401k is meh lol, we have stock as well. Darling Husband has a good job and mines also meh but the plan is Stay-At-Home Mom and go back to finish my degree. We have about 500k in equity and have okay mortgages. Cars are paid off. Some savings and some credit debt that’s currently 0 apr that’ll be paid off with my house sale. Darling Husband is going back to grad school so we may have minor loans for that, thank god his work is paying a large chunk.
Our current plan is sell the house in early spring, take a real honeymoon, and start TTC this summer as I turn 30 Darling Husband will be 32.
Post # 14
We have been together since high school (about 15 years), but were in no rush to TTC.
We started TTC last Fall when we were 29 and 31. Our goal was to have eliminated student debt and have at least 6 months in emergency savings (about $25,000). We got to that goal and started TTC. I am currently 35 weeks pregnant and very glad we waited and did that. We have our out of pocket max saved ($5K) and taking maternity leave will not be as big of financial burden given our savings.
Post # 15
We were older and in a good spot financially, but realistically everyone’s number will be based on their own circumstances and heavily influenced by cost of living. Saving your anticipated insurance deductible, any unpaid portion of your maternity leave, and 6 months emergency savings would be a bare minimum in my opinion. For someone that may be $15,000 but for others $150,000. Don’t be discouraged by some of the numbers thrown out there.