Personal Details:
——————————
Age: 36
My Annual Income(Pre-Tax): 1.2 Million
Spouse’s Annual Income(Pre-Tax): 110,000
2 kids - 3 Yo and 5 yo
Portfolio
—————
I tried to mimic Fidelity 2045 Target funds (or Vanguard ? I don’t remember) but its time to rebalance.
401k Balance = $221,696
VANG INST 500 IDX TR = 43.2% (Exp Ratio = 0.04%)
VANG EXT MKT IDX TR = 14.94% (Exp Ratio = 0.190%)
VANG TOT INT STK IDX = 34.17% (Exp Ratio = 0.090%)
DODGE & COX INCOME = 7.69% (Exp Ratio = 0.410%) - no other bond fund available in my 401k account
HSA = $4200
(We just switched from Kaiser to HSA)
Banks / Savings Accounts
Ally Savings (4.20% APY) = $76,253.17 (EMERGENCY FUNDS)
WealthFront (5% APY) = $215,000
Stocks / Index Funds
Company Vested RSU + ESPP = $250000
Fidelity (invested) = 208,682.24
87% Stocks (FSKAX)
13% Bonds (FXNAX)
Mortgage
—————
Estimated Equity = $228,267
Unpaid Principal = $612,932.52
Interest rate = 6.4%
Note: I am an immigrant working in tech industry and there is a decent chance that I might return back to India at some point. That’s why I am still undecided on Roth IRA / Roth 401k / Backdoor-IRA etc as I don’t have a good sense of tax situation yet if I return back to India. I am working on this and I plan to reduce the taxable income in the near future (I like Money Guy’s Financial Order of Operations)
Questions:
1. How am I doing in general. ? I started late on my investing journey (after I hit 30) and I am trying to catch up.
2. After lurking this forum for more than a year, I understand there is no right answer for asset allocation. So, after crunching a lot of numbers, I finally settled on 87% stocks and 13% bonds. Should I revisit this ?
3. I plan to DCA or lump-sum the $215,000 in Wealthfront to either Fidelity Index funds (with 87-13 allocation) or I am considering buying some t-Bills for $50k and investing the rest. Any thoughts / advice on this ?
4. Any other major change I have to do to my portfolio ? Like, prepaying mortgage principal etc. ?
——————————
Age: 36
My Annual Income(Pre-Tax): 1.2 Million
Spouse’s Annual Income(Pre-Tax): 110,000
2 kids - 3 Yo and 5 yo
Portfolio
—————
I tried to mimic Fidelity 2045 Target funds (or Vanguard ? I don’t remember) but its time to rebalance.
401k Balance = $221,696
VANG INST 500 IDX TR = 43.2% (Exp Ratio = 0.04%)
VANG EXT MKT IDX TR = 14.94% (Exp Ratio = 0.190%)
VANG TOT INT STK IDX = 34.17% (Exp Ratio = 0.090%)
DODGE & COX INCOME = 7.69% (Exp Ratio = 0.410%) - no other bond fund available in my 401k account
HSA = $4200
(We just switched from Kaiser to HSA)
Banks / Savings Accounts
Ally Savings (4.20% APY) = $76,253.17 (EMERGENCY FUNDS)
WealthFront (5% APY) = $215,000
Stocks / Index Funds
Company Vested RSU + ESPP = $250000
Fidelity (invested) = 208,682.24
87% Stocks (FSKAX)
13% Bonds (FXNAX)
Mortgage
—————
Estimated Equity = $228,267
Unpaid Principal = $612,932.52
Interest rate = 6.4%
Note: I am an immigrant working in tech industry and there is a decent chance that I might return back to India at some point. That’s why I am still undecided on Roth IRA / Roth 401k / Backdoor-IRA etc as I don’t have a good sense of tax situation yet if I return back to India. I am working on this and I plan to reduce the taxable income in the near future (I like Money Guy’s Financial Order of Operations)
Questions:
1. How am I doing in general. ? I started late on my investing journey (after I hit 30) and I am trying to catch up.
2. After lurking this forum for more than a year, I understand there is no right answer for asset allocation. So, after crunching a lot of numbers, I finally settled on 87% stocks and 13% bonds. Should I revisit this ?
3. I plan to DCA or lump-sum the $215,000 in Wealthfront to either Fidelity Index funds (with 87-13 allocation) or I am considering buying some t-Bills for $50k and investing the rest. Any thoughts / advice on this ?
4. Any other major change I have to do to my portfolio ? Like, prepaying mortgage principal etc. ?
Statistics: Posted by twotwotwo — Sun Jul 28, 2024 9:40 pm — Replies 2 — Views 399