What we're maxing out each year:

His 401(k)

His Roth IRA (backdoor)

Her 401(a) (mandatory fixed contributions from DW and university)

Her 403(b)

Her Roth IRA (backdoor)

Family HSA (maxed this year, but generally contributions match annual medical expenses and are mostly spent each year)

**Question:**

1. FireCalc says at my current rate of saving I'll be able to retire at my target age of 55 (11 years). I feel like I've maxed out the "low hanging fruit" tax-advantaged investments and am wondering where I should direct future new savings? I have $500/mo that until recently I was contributing to the 529 college fund. I’d like to know what the Bogleheads community thinks about where this and future savings should be directed. The $500/mo will steadily increase as our incomes increase.

1. Continue contributing to kids (13 & 9) college (Colorado state tax deduction)?

2. 457 (pre-tax)?

3. Mortgage principle?

4. HSA and start building a quasi-retirement portfolio (currently spend the HSA down to near zero each year)?

5. Taxable account?

6. Buy more bikes?

Emergency funds: Six months of expenses

Debt: Mortgage only. 3%. $124,000 balance, paying $400 extra principle each month to have mortgage paid off in 2019. Assessed home value ~$550,000.

Tax Filing Status: Married Filing Jointly

Tax Rate: 25% Federal, 4.6% State(CO)

State of Residence: CO

Age: 44

Desired Asset allocation: 70% stocks / 30% bonds

Desired International allocation: 30% of stocks

Current total portfolio: Mid six-figures

Current retirement assets ~$650,000 (Ferri Core 4)

**Taxable**

0% cash (not including emergency funds)

2% Vanguard Total Stock Market Index Fund Adm (VTSAX) 0.05%

2% Vanguard Total International Stock Index Fund Adm (VTIAX) 0.18%

**His 401k at Hewitt (ticker symbols unknown)**

25% US Broad Market Index (?) 0.06%

3% Total International Index (?) 0.11%

11% Total US Aggregate Bond Market Index (?) 0.09%

15% Inflation Protected Index (?) 0.08%

Company match: 6% (up to 6% of annual salary)

**His Roth IRA at Vanguard**

3% Vanguard Total Stock Market Index Fund Adm (VTSAX) 0.05%

5% Vanguard REIT Index Fund Adm (VGSLX) 0.10%

**Her 403b at Fidelity**

10% Fidelity Spartan Total Market Index Adv (FSTVX) 0.06%

University match: None

**Her 401(a) at Fidelity**

5% Fidelity Spartan Total Market Index Adv (FSTVX) 0.06%

11% Fidelity Spartan International Index Adv (FSIVX) 0.12%

4% Fidelity Spartan US Bond Index Fund (FSITX) 0.10%

University fixed contribution: 11%

Employee mandatory contribution: 8%

**Her ROTH IRA at Fidelity**

5% Fidelity Spartan International Index Adv (FSIVX) 0.12%

**Her 457 at CO PERA**

0% PERAdvantage 2030 (Blackrock LifePath Index 2030 CB) 0.25%

University match: None

**His Pension**(not counted in $650,000 retirement asset total)

Current pension forecast says cash value will be $373k in 2026 (date I plan to retire). This of course assumes I stay with my current employer through that date. There are various combinations of lump sum/annuity options.

**Current college savings ($93,000) Kids 13 & 9**

College Invest Direct Portfolio (Colorado 529)

53% Moderate Growth Portfolio (mix of 4 Vanguard funds) 0.39%

47% Growth Portfolio (mix of 4 Vanguard funds) 0.39%

**Contributions**

**New annual Contributions**

$18,000 his 401k ($9,300 match)

$5,500 his backdoor Roth IRA

$18,000 her 403b (no match)

$14,010 her 401a ($5,760 employee mandatory contribution, $8,250 university)

$5,500 her backdoor Roth IRA

$0 her 457 (no match)

$0 529 College (split between two kids)

$0 taxable

~$4,500 HSA (Gets mostly spent each year) through Alliant Bank

**Available funds**

**Her CO PERA 457**(I think the only fund I’d consider is the Target Date 2030 fund because it has the lowest fees and comes in pretty close to my current 70/30 asset allocation)

PERAdvantage Target Retirement Date Funds 0.25%

PERAdvantage Capital Preservation Fund 0.35%

PERAdvantage Fixed Income Fund 0.36%

PERAdvantage Real Return Fund 0.32%

PERAdvantage U.S. Large Cap Stock Fund 0.35%

PERAdvantage International Stock Fund 0.58%

PERAdvantage U.S. Small and Mid Cap Stock Fund 0.60%

PERAdvantage SRI Fund 0.37%

**HSA though Alliant CU**

0.65% interest rate on “cash” account

Self-Managed investment option $5.95 per month, unlimited free trades in a long list of Vanguard and Fidelity mutual funds.

I’m leaving available fund info out for other accounts since the funds that make up my allocation strategy (Ferri four fund portfolio) are well represented and have low fees.