Emergency funds: yes
Debt: 1.7 million mortgage (i know) - 30 year fixed at 2.875%
Tax Filing Status: MFJ
Tax Rate: 37% Federal, 12.3% State
State of Residence: CA
Desired Asset allocation: 80% stocks / 20% bonds
Desired International allocation: 25% of stocks
Current Portfolio: ~1.25 million
Current retirement assets
Taxable currently at Vanguard
His 401k - 70% pre-tax 30% After tax(will soon to be rolled over to a new solo 401k at Fidelity)
3.89% Institutional 500
His Roth IRA at Vanguard
Her 401k at Fidelity (75% pre tax 25%After tax
28.92% State Street U.S. Total Market Index Securities Lending Series Fund Class II (.015% ER)
6.53% International large blend (.045% ER)
Her Roth IRA at Vanguard
- $400k for the taxable account over the next 2 months (bonus, stock vest, and a house sale)
- $6k in each IRA each year
- $58k in each 401k year
- ~$600k taxable annually. It’s looking like this amount of savings will continue for the foreseeable future
- Thanks to this forum I’ve set up an easy set it and forget it 3 fund portfolio. I have an excel sheet tracking all allocations and “rebalancing” is done by simply adjusting the ratios of new purchases/contributions.
- My goal is to continue a sustainable and somewhat simple portfolio. Simple to me means that I can plug in a few numbers on my excel sheet, and know how to rebalance or purchase to keep my AA. I don't mind deviating from a 3 fund portfolio but I do want a strategy that is sustainable and wont need to change for the next 5-10 years.
- I’m going to be moving all of our accounts to Fidelity in the coming months, so please bear that in mind when making fund suggestions.
- Our income has really picked up the last two years which has me thinking a lot more about tax efficiency. I’ve followed the conventional wisdom thus far, but other similar threads have had suggestions at this high of a tax level to move to muni bonds in taxable and keep bonds out of the tax advantaged accounts. Does that seem right here? How do I choose the right muni bonds?
- I haven't been taking advantage of tax loss harvesting but would like to moving forward. Other threads have recommended keeping VTI in taxable and then Fidelity funds in the tax advantaged accounts. (FZROX and FZILX).
- Moving forward we will have low 100-200k chunks to invest at discrete intervals, rather than continual monthly contributions. I imagine the wisdom doesn’t change here and I should keep closing my eyes and stuffing cash into VTSAX? Does the calculus on dollar cost averaging vs. lump sum change as the investment amount gets higher?