Goal: Save for retirement. I am 53 and want to retire at 65. My asset mix target is 60/40. I live in California and I am in the highest tax bracket.
I have a rather simple portfolio. In the wife and I IRA, I have one fund for each of our accounts: 1. Vanguard Balanced Index Admiral Class.
In my taxable account, I have three funds all Admiral Class: 1. Vanguard Total Stock Index (40%) 2. Vanguard Total International (20%) 3. Vanguard California Intermediate (40%)
In my 401(k) and Deferred Compensation Plan (two different accounts), I have one fund in each of them: 1. Northern Trust 500 Index Fund
I dollar cost average every pay period into my three taxable funds and into my 401(k) and Deferred Compensation Plan. My taxable account in the aggregate is larger than my non-taxable accounts and will remain so given stock options. My only concern was the lack of small cap exposure and whether a the Tax Managed International is a better choice than Total International Index.
You have a nice portfolio, low cost, highly diversified and easy to manage. The portfolio does have small cap exposure through Total Stock Market Index (about 10% small cap). Are you contemplating adding more and are asking what fund to use for it?