I (28M) married my wife (27F) and purchased a house a bit over a year ago. She does not work but does most things around the house and I am fully in charge of finances. We live like we want to and have been enjoying doing whatever we want to enjoy our time together (not worrying about money) but my wife would like me to retire early. I am a bit doubtful that I will be able to but wanted to figure some things out before I go see a financial advisor.
I pay $600 a month (1.9% interest) for my car loan, and $1700 a month (6.5% interest) for my mortgage and escrow, with a salary of about 90k.
I am putting 10% of my paycheck into a 401k with a 4% match, and have been slowly building up a portfolio on the side to grow some of our extra cash (testing the waters with $20 a week) while still building an emergency savings account.
Should I focus on paying off my mortgage and car loan before I start dumping more into investments? We plan on slowing down on a lot of our spending habits this year and trying to live more frugally to increase how much money we can use either paying off loans or investing.
Thanks for the help in advance.