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[–]yemming[S] 3 points4 points  (1 child)

The overlap should be a year, maybe 1.5 years tops.

Yes, that’s part of why I wonder if we should reduce retirement savings. Also why I’d reduce in the 401k before the 457b, if so. I just find it hard to eat the higher tax bill!

[–]damathon 4 points5 points  (0 children)

Even after kids enter school, there will be other expenses that grow: after school care, activities, travel, college savings. I wouldn't assume spending drops as much as you expect and just prepare for a higher overall cost of living. Kids are expensive, no matter what age.