I just turned 31. I intend to max out my retirement contribution this year. This is also the first year that I am contributing towards my retirement savings. I am not sure about how to split up the max allowable IRA contributions($11k, married filing jointly) between Roth IRA, and traditional IRA. I am leaning on putting the entire amount into a traditional IRA, but given that the wiki recommends adding bonds to a tax deferred account (http://www.bogleheads.org/wiki/Principles_of_Tax-Efficient_Fund_Placement
), I am worried that I will lose out on tax efficiency by using this money for stock investing instead of bond investments.
Would you recommend saving in a traditional IRA(to save on tax immediately) or in a Roth IRA? To clarify, I am starting out with investments and have none so far(although I have cash savings much in excess of my emergency needs). I suppose it depends on each individual's situation, but I was wondering if anyone would have a recommendation based on where I am with my savings/investments at present.