Personal Investments • Portfolio Review - Next Move if Employment Slows

Emergency funds: 12+ months of expenses ~$500K in cash

Debt:

Mortgage 1: $650K on single-family worth ~$2M
Mortgage 2: $2M on investment property worth ~$4M
Both mortgages @ 2.375%
No other debt.

Tax Filing Status: Single

Tax Rate: 37% Federal, 12.3% State

State of Residence: CA

Age: 40

Desired Asset allocation: 75% stocks / 25% bonds

Current retirement assets

Total Portfolio: ~$7.5M

Taxable
60% short-term (T-Bills, VMFXX)
25% Vanguard Total World Stock Index Fund (VT) (.08)
3% Vanguard Intermediate-Term Tax-Exempt Fund (VWIUX) (.09)
3% Vanguard California Intermediate-Term Tax-Exempt Fund VCADX (.09)

SEP-IRA
7% Vanguard Total Bond Market Index Fund (VGTLX) (.05)

HSA
1% Vanguard Real Estate Index Fund (VGSLX) (.12)
1% Vanguard Small-Cap Index Fund (VB) (.05)

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Question: I'm concerned that employment income may slow / stop in the coming year. Would you sell the second home (valued at 4M) or make any other obvious changes to the above? I'm bad at this.

Statistics: Posted by princetonwon — Wed Aug 14, 2024 10:54 pm — Replies 3 — Views 467

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