Feeling behind and looking for guidance…31M ~930k NW

I’m a 31 y/o M, married, with our 1st baby on the way. I would like to “retire” early while still having a side gig to keep me occupied and fulfilled.

I feel like I’ve been pretty good about handling our finances (my wife refers to me as her financial advisor…) however I’m struggling to see the long game. We plan to retire at 55 (60 at the latest) with a goal of at least 10 million.

My question is, are we on track for this? It seems realistic with consistent contributions, increasing those contributions over time, and 24-29 more years in the market.

Open to any thoughts, guidance on direction/investments, or anything else you feel inclined to share!

Here’s some insight into our situation:

• my base salary: $159k (in sales and make commission); base take home is $8,200 monthly

• wife salary: $0 (finishing up school as a nurse anesthetist, salary will be 180k+ within next 12 months)

• Current Savings/Emergency Fund in HYSA: $200k

• Total Retirement Savings: $530k

  • ROTH IRAs for wife and myself: $140k
  • my 401k: $300k
  • my brokerage account: $60k (VTI, SPY, QQQ)
  • joint brokerage: $30

• Max 401k + Roth IRAs and contribute $2200 monthly to brokerage account

• Home equity at $200k ($400 value, $200k left on mortgage @ 2.6% rate - $2,100 all in payment with PIT)

• No debt besides mortgage

Some additional context if helpful:

• We plan to move into a bigger house in the next few years as we currently live in a townhome and will need more space as our family grows. Could stay in our current home for another 2-3 years. Also, the money in our HYSA is earning ~$600 in interest monthly and honestly just makes me feel comfortable having it at that amount.