I would surmise that both of you are adding income to this plan, no? And, maybe her need to spend is higher than yours? Well, anyhow if both are on board for the plan, then you need to account for whether there is going to be future satisfaction with the planned spending and savings .. and then are there plans for kids and what about accidents? I mean unplanned for kids?
I'm less than 5 years away, don't want to give my exact age.
My wife doesn't work.
I'm lucky in that I work in a developing country where cost of living is very low and I earn six figures, I plan to stay here even if I stop working. So I have it easier than most, but that is the main reason I relocated here.
If I stop working in a few years, I will be able to live off my passive income as I currently live, an additional 7 years of compound interest + my other investments means I will have at a minimum (and barring any huge black swan type events such as massive stock market collapses across Asia) 3x as much as I need.