I would certainly postpone any ideas of selling your house. The stock market and your 401(k) are not directly tied to your home’s value. You’re young and while I am five years older than you, I consider myself pretty young too. My SEP/IRA took a bashing this year too. But I don’t tie that to my property value. We have a certain number of years for that to recover so set that issue aside, don’t liquidate that portfolio and let time work for you.
Keep your original goal of paying off your house by the time you’re 50. That alone puts you in above 90% of the home owners in San Diego…if you can accomplish that.
Keep working, keep taking care of your kids, sock some money away and keep that VERY PHENONMENAL mortgage in place.
And for the love of God, your wife should get a job. It can help in a million ways. We don’t live on the set of Mad Men. It’s OK, this is normal. This advice is coming from a woman CEO, so get after it and help her find something!
