Here is our Portfolio:
Emergency funds: 20K in checking, 72K in vanguard money market account
Debt: mortgage 450K at 15 yrs 2.875% interest rate
Tax Filing Status: Married Filing Jointly
Tax Rate: upper 24% federal tax, 0% state tax
Age: both age 30, expecting first child soon, would like to have 2-3 children
Income: his TC 200K, her TC 170K
Current retirement assets
Taxable VFIAX 102K VFWAX 89K
His 401k Low-cost S&P 500 fund 21K Company match? 3%
His Roth IRA at Vanguard VTI 90K VXUS 61K
His Traditional IRA at Vanguard VTI 35K VXUS 33K
Her 401k Low-cost S&P 500 fund 61K
Her Roth IRA at Vanguard VTIAX 22K
Her Traditional IRA at Vanguard VXUS 0.3K
Real Estate: 630K as before 450K of that is the mortgage
Questions
- What could we do better for our assessment allocation?
- Wife wants to invest in a rental property, should we consider this option?