Many, many thanks to all who posted.
I'm back with questions about our portfolio.
I read the guidelines regarding format when posting this kind of question, so here goes:
I am 51, husband is 60 and the main breadwinner.
Married Filing Joint
28% Federal, 6% WI
Penfed Car loan @1.49% ~$21K remaining
No credit card debt
No mortgage, home worth ~$150K
Most of our assets, ~$1.3M, are in tax-deferred accounts.
Two children in college costing a total of $40K/year, both graduating May 2014 (knock on wood).
We have a small amount in a state education account for them, $6K total, and mostly pay out
of pocket for their expenses.
We plan to contribute the following to our tax-deferred accounts this year:
Per the forum guidelines, I posted our distribution amounts in percentages.
Emergency Funds/Cash Accounts/Non Retirement
American Funds MM 3.2%
VG Energy Fund Investor 3.3%
Credit Union Account 1.0%
VG Energy Fund Admiral 6.3%
VG Emerging Mkts Admiral 2.5%
VG Int Growth Admiral 5.4%
VG REIT Index Admiral 3.7%
VG Mid Cap Growth 1.3%
VG Wellington Inv 3.0%
VG Windsor 4.0%
Berkshire Hathaway B 1.1%
His Rollover T-IRA
VG Total Stk Mkt Admiral 28.8%
His Roth IRA
VG Health Care Fund Inv .6%
ING Blackrock Large Cap Gro .31%
ING Invesco VanKampen Eq&Inc .32%
ING Fidelity VIP Growth 4.3%
ING Russell Lar Cap Gr Index 2.2%
ING Templeton Glob Bond 2.9%
His Pension 17.7%
(Fully funded in 2011, 90% funded 2012, mostly in mutual funds, though we don't know
which, as we only get a one page statement every year)
VG Convertible Securities 1.2%
VG International Growth 2.3%
VG Mid Cap Growth 2.71%
VG Star 1.0%
Her Roth IRA
VG Total Stock Mkt Index .2%
I have been managing our investments for 25 years. I can't say I've done anything
right except live below our means, max out on tax-deferred retirement savings
through his work, and contribute to IRA's whether they were deductible or not.
I never had any problem saving money, but I'm not sure where it should be now.
I would like to decrease our risk exposure. Husband wants to ride the pony for
all it's worth, but I feel we are getting a little too long in the tooth to be taking
on that much risk anymore. He is, however, open to suggestions.
Thanks in advance for any help : )