Emergency funds: Yes, funded for six months, in a HYSA
Debt: None, no mortgage anymore.
Tax Filing Status: Married Filing Jointly
Tax Rate: 15% Federal, 5.75% State
State of Residence: Virginia
Age: Me: 51, Wife: 48
Desired Asset allocation: 75% stocks / 25% bonds
Desired International allocation: 0% of stocks
Total Portfolio: $175,000
Current retirement assets
HYSA for emergency fund, fully funded
His 403b at Wells Fargo
- 0.7% Vanguard Institutional Target Retirement 2035 Fund (VITFX) (0.09%)
- 17.2% Vanguard Total Stock Market Index Admiral (VTSAX) (0.04%)
- 38.4% Vanguard Total Stock Market Index Admiral (VTSAX) (0.04%)
- 12.9% Vanguard Total Bond Market Index Admiral (VBTLX) (0.05%)
- 13.0% Invesco Diversified Dividend A (LCEAX) (0.81%)
Her Roth IRA at Vanguard
- 15.9% Vanguard Total Stock Market Index Admiral (VTSAX) (0.04%)
- 1.9% Vanguard Total Bond Market Index Admiral (VBTLX) (0.05%)
Total: 100%. Equities: 85%, Bonds: 15%.
New annual Contributions
$350 his 403b (no employer matching contributions)
$7,000 his IRA/Roth IRA
$6,000 her IRA/Roth IRA
Funds available in her 403(b) at Invesco
There is a huge list of funds available at: https://www.invesco.com/us/financial-pr ... erformance
Looking through it, there isn't much to get excited about. Looking at these:
- Invesco Peak Retirement 2035 Fund;A (PKKMX) (0.41%)
- Invesco S&P 500 Index Fund;A (SPIAX) (0.55%)
1. Still working to get to our desired asset allocation. In 2019 we invested into VBTLX in our traditional IRAs. Should I sell off some VTSAX and buy VBTLX in my traditional IRA?
2. Then our 2020 contributions will go into VTSAX in our Roth IRAs?
3. I'm not thrilled with being stuck at Invesco for her 403b. Should we move out of LCEAX into something else? Choices are exhaustive, but I'm not seeing anything like a VBTLX or even VTSAX as an option.
4. I'm still learning, but our next big decision will be the international aspect of the equities.
Thank you very much for your guidance. Mike