Symbol Mkt value
Symbol Mkt value
About $466K cash at the moment. I may put this in a short CD or something until I get a grip on all else here.
Sorry, I couldn't figure how to upload a spreadsheet. Enough info?
We are in the window where there is no social security or RMDs coming in.
The big issue for me now is first deciding how much of a tax bite I’m willing to take and then how to work inside it. (I’m playing with some tools. Gonna check out New Retirement shortly.) Then I guess it'll be the same consideration for a number of years to come.
I guess I see the elimination of the funds with high ER as probably making most sense first. There is a guaranteed cost savings and the benefit of further consolidation in the 3-Fund model with the proceeds. Make sense?
I guess then some Roth conversion. Every way I have played with calculations around RMDs lead me to think we’ll hit it pretty good over a decade from now. I may not convert all – the tIRAs are all BND so at least the tax-deferred accounts are controlling that for now. So some portion of this will just be used for our monthly draw starting around 2030-something.
I think all the stock positions are not to be managed as they are all largely big gain items. I will be able to just use them to live on at some point but either way they are a huge chunk of all our investments and so keep us away from being 100% 3-fund. The upside is these were the best performing stocks we had, having realized losses on all else just recently. As part of this, our Tesla position is big and I’d like to reduce that, too. Not really sure how to manage this, have to research it. Any ideas or direction would be very welcome.
So I guess I’m wondering overall a best approach, as always to optimize things. I’m aware we’ll likely never be 100% 3-fund but I want to work towards it as logically and tax-efficiently as possible.