We’re comfortable holding a higher percentage of equities, as we have been able to stay put and even have the desire to buy more stocks (index funds) in a down market. DW has had some financial help along the way from her folks with a large down payment on the previous house and getting a head start on her Roth at a younger age, which has helped our financial situation.
Emergency Funds: Yes, 6 months of expenses
Debt: Just the mortgage of $234k remaining @ 3.875%. ($1,680 monthly payment with escrow)
Tax filing status: Married Filing Jointly
Tax Rate: 22% Federal, 7.05% state
State: MN
Age: Him 40, Her 38
Desired Asset Allocation: 80-90% stocks, 10-20% bonds
Desired Intl Allocation: 30-35% of stocks
Income: Him $80k, Her: DW planning to leave workforce in March, was previously earning $36k/year.
Children: Expecting a baby in March, our first.

Total retirement portfolio: $499k
Home equity: Approx $175k
HSA: $7k in money market (contributing $150/month)
Current Retirement Assets
His 401k
49% VITLX-Vang Inst Target Retirement 2045 (.09 exp ratio)
His Roth 401k
11% VITLX-Vang Target Retirement 2045 (.09 exp ratio)
His Roth IRA @ Vanguard
3% VTIVX - Vang Target Retirement 2045 (.15 exp ratio)
Her 401k:
14% with Principal (Principal 2050 Target date fund, very high expense ratio)
Planning a roll-over to a Vanguard traditional IRA in spring 2019.
Her Roth @ Vanguard
4% VFIAX - Vang 500 Index Admiral (.04 exp ratio)
7% VTSAX - Vang Total Stock Admiral (.04 exp ratio)
6% VTTHX - Vang Retirement 2035 (.14 exp ratio)
6% VWELX - Vang Wellington (.25 exp ratio)
New Contributions in 2019
His 401k: $12,800 with a $3,200 company match
His Roth IRA @ Vanguard: $0 (may be able to contribute something, we’ll see)
Her 401k: $0
Her Roth IRA @ Vanguard: $0
Funds Available in his 401k
VINIX - Vang Inst 500 index 0.035
PRJIX - TRP New Horizons (Sm Cap) 0.65
VIMAX-Van Midcap Inx Adm 0.05
GSSUX-GS SM Cap Value R6 0.96
RRERGX-AF Europac Growth R6 0.49
VITWX -TRP INTL Discovery I 1.07
VITVX -Vang Inst TR2015 0.09
VITWX-Vang Inst TR2020 0.09
VRIVX-Vang Inst TR2025 0.09
VTTWX-Vang Inst TR2030 0.09
VITFX-Vang Inst TR2035 0.09
VIRSX-Vang Inst TR2040 0.09
VITLX-Vang Inst TR 2045 0.09
VTRLX-Vang Inst TR 2050 0.09
VIVLX-Vang Inst TR 2055 0.09
VILVX-Vang Inst TR 2060 0.09
VITRX-Vang Inst TR Income 0.09
MWTSX -Metwest Tot Rtn Bond 0.37
VBTLX-Van Tot Bond Mkt Adm 0.05
Stable Value Fund E 0.42
Questions
1. We’re planning to transfer the approx. $68k from DW’s 401k to a rollover IRA at Vanguard as she has her Roth there as well. What fund/s would you recommend putting this into @ Vanguard given our portfolio mix?
2. DW has her Roth IRA down to 4 funds; the number of funds in this acct was much higher a few years ago. Does this seem like an appropriate mix, given our goals and age?
3. Any portfolio sectors that we are neglecting or advice given our current situation? Wondering if I should put the small amount in his Roth @ Vanguard into the Total Stock Market Index vs. the current target date fund.
4. In my situation, with excess income likely to be tight the next few years, is putting as much as possible into his 401k and neglecting the Roth IRA’s the best plan? Or is contributing just up to the match in the 401k and trying to contribute as much as possible into the Roth’s more advantageous?
Thanks in advance!