Bogleheads.org

Marginal tax rate: 25%. Thanks for the link and explanation. I am learning slowly.

Thanks for explaining the IPS in simple terms. I can work along those lines. As for the taxable Vanguard account, I labeled it 'hers' for no particular reason. I started the Vanguard account because I got tired of waiting for my husband to take an interest in family finance, and we were basically st...

Thanks everyone, for the feedback. From what I see, this is what I need to do for now :- 1. Create an IPS (this seems daunting) 2. Max out my and his 401ks 3. Create Roth IRAs for the 2 of us The reason we have that much in cash reserves is because we were saving up for a down payment. Put down 100k...

Cash reserve: 80K (40k in online ING Direct account, accumulating interest @ 0.75%) -- too much, I realize but we are diffident investors Debt: Mortgage (Financed 187000 @ 3.25% fixed rate for 15 yrs; 173K left to pay off; begun mortgage payments June 2012; targeting 13 mortgage payments in 12 month...