A $42k wedding next year, then a first home. Does the plan survive both?
Priya & Sam, 31 and 32, in Austin, TX
exampleEngaged, no kids yet · $170k/yr household income
They're planning a $42k wedding next year and a first home a couple of years after, and wondering if doing both sets retirement back.
Priya & Sam are planning a $42k wedding next year and a first home a couple of years after, and wondering if doing both sets retirement back. The real question: Pay cash for the wedding now and still buy a house in three years, on $170k?
There’s a gap to close$889k
Projected net worth at retirement (2056)
Retirement year
2056
Safe withdrawal / yr
$36k
Spending need / yr
$94k
First shortfall
2065
Modeled year by year, the plan runs short before the finish line. That doesn’t mean the goal is off the table. It means one or two levers (savings rate, timing, or the size of the purchase) need to move, and seeing exactly where and when is the value.
Your situation is more like this than a rule of thumb
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Get my verdict →An illustrative example household. The numbers are modeled by Rightmont’s engine from these inputs; your real answer depends on your full picture. Educational only, not financial advice.