popo

Ok folks. I'm 32 years old (on Sunday) and I'm in my 3rd year of a dental specialty program. I will be continuing for an extra 2 years to get another specialty. I'm married and have kids. My wife is a CPA, currently earns 90k and will be up for raises in the next 2 years that will push her to around 120-130k. When I finally get out of school (3 years from now) I will earn between 150-200k first year out. Within 3-5 years I should be earning 3-400k/year.

Now the downside. I've gone to very expensive schools and my student loans after I get out will be up to roughly 500k of *private* loans. I'm not a US citizen so my loans are not federal and interest rates are variable. I believe it's currently 6-7%. In addition, I can't consolidate private loans like you can for federal loans. Anyways, you can't consolidate until you enter repayment, which will be in 3 years. Who knows where interest rates will be then.

I'm very lucky that my wife earns a good living. Most guys I know have a wife who keeps a job just to stay busy earning 40k. Our plans have been to use my wife's full after tax salary to pay the loan and live off of my income which is more than enough. Because of the late start in life saving, I'll also be putting away large chunks into retirement plans. But we also would like to live. Entering the work force at 35 forces one to want the Mercedes, million dollar house, etc, especially since the income allows for it.

Is there any financial type here that can work the math and help me have a plan? I feel like I should seek a prof consult but have no idea where to start looking.

Many thanks.