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Single Mom with Two Kids

College bills and retirement — at the same time

Age

Location

Philadelphia, PA

Income

$92k/yr

Saved

$185k

A 40-year-old Philadelphia teacher earns $92k as head of household with two children (ages 13 and 10). Back-to-back college costs will hit hard in years 5–11. With $185k saved and $72k in annual expenses, the retirement timeline depends on getting through the education years intact.

What the projection shows

As entered, this plan does not reach a workable retirement at the ages tested. The table shows what each option looks like and why.

Retirement age options for Single Mom with Two Kids
Retire at	Full-time years left	Semi-retired years	Best Monte Carlo success
47	7	0	Runs out of money

How the plan works

UNSUSTAINABLE: Assets depleted at age 46 With 7 years of high-salary work, this plan cannot sustain expenses to age 90.

To improve: increase income, reduce expenses, or extend working years.

Note: Includes $340k in planned life events.

Social Security: $24k/yr starting at age 67 is included. Healthcare: $18k/yr before Medicare at 65.

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This example uses illustrative figures and should not be treated as financial advice.