If interested in the backstory here is a link to my first question: viewtopic.php?t=432255
Subject: I have since cleaned house on my accounts, and came up with an acceptable (to me) asset allocation. Now I am looking for recommendations on how to deploy the AA across my various accounts.
Emergency funds: 5 months not included in below figures
Debt: Mortgage 45k left @ 3.25% ... monthly payment $835
Tax Filing Status: Married Filing Joint ... no dependants
Tax Rate: 22% Federal, 5.3% State
State of Residence:. Wisconsin
Age: Him (me): 58 ... Her (wife): 60
I hope to retire sometime between 4- 9 years. Not adverse to working longer for safety cushion
Estimated SS is 2214 @62 ... 3170 @ 67 ... 3939 @ 70 (per month estimates from SS.gov)
Wife likely begin collecting SS at 62 at a rate of 1600 per month
Desired Asset allocation: 50-60% stocks / 40-50% bonds
Desired International allocation: 20-30% of stocks (open to other values)
Approximate size of your total portfolio: 550k
Current retirement assets
Taxable - 1 @ B&M bank (19.7% of total)
19.7% cash (MM/CDs/HYSA/Checking/savings) (for investing )
Taxable - 2 @ Treasury Direct (17.93% of total)
3.64% iBonds - 1.3% fixed plus inflation
14.29% TBills - 8 to 17 week maturities - currently reinvesting while rates are decent
Taxable - 3 @ ETrade (5.9% of total)
0% cash
2.74% CYRX (Cryoport) (this was a gifted stock ... trying to figure out to hold or liquidate and pay capital gains).
1.61% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.1% WMPXX (Allspring Money Market Premier) 5.37% yield
0.37% VXUS (Vanguard Total International Stock ETF) er - 0.08%
0.008% HTGC (Hercules Capital) (some gains ... waiting to sell until all holdings will be LTCG)
Taxable - 4 @ Fidelity (1.83% of Total)
0.9% cash
0.92% VT (VANGUARD TOTAL WORLD STOCK ETF) er - 0.07%
His 401k @ ETrade (7.34% of total)
1.58% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
0.46% BND (Vanguard Total Bond Market ETF) er - 0.03% yield 3.35%
0.345% WMPXX (Allspring Money Market Premier) 5.37% yield
4.95% Cash for investment
(Account is inactive ... no further contributions)
His Roth IRA at ETrade (6.92% of Total)
1.78% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.48% WMPXX (Allspring Money Market Premier) 5.37% yield
0.39% ARCC (Ares Capital)
0.35% HTGC (Hercules Capital)
0.19%. Bank CD (5.5% yield)
2.74% Cash
(account is active with 8k contributions per year)
His Simple IRA at ETrade (10.2% of Total)
7.2% Cash
2.67% WMPXX (Allspring Money Market Premier) 5.37% yield
0.33% OBDC (Blue Owl Capital)
(account is active ... contribute approx $1600 per month)
His Rollover @ Fidelity (4.31% of total)
4.31% Fidelity 500 Index Fund (FXAIX) er - 0.015%
(account is inactive)
Her Roth IRA at ETrade (7.17% of Total)
2.85% Cash
2.86% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.27% WMPXX (Allspring Money Market Premier) 5.37% yield
0.19% Bank CD (5.5% yield)
(account is active with 8k contributions per year)
Her ERP plan at Fidelity (18.88% of total)
18.88% - TPKZ ... this is some kind of custom fund by her previous employer ... looks to be 53% domestic, 19% international, 19% Bonds, 8% other
(Account is inactive and 100% taxable on draws) (my wife would probably not want to change the holdings unless there is a very good argument to do so)
_______________________________________________________________
Contributions
New annual Contributions
$19,000 + 3,000 his Simple IRA (also specify any employer matching contributions)
$8000 his IRA/Roth IRA
$8000 her IRA/Roth IRA
Available funds
Most funds are available at ETrade and Fidelity
My first intention was to stick with VTSAX/VTIAX/BND (and their respective twins at fidelity) ... but I am very open to suggestions
Thinking mutual funds might easier to rebalance when necessary.
Questions:
Note: I am in the process of moving some stuff to Fidelity, as I think it might be a better set up for our joint holdings in retirement. I sold many overlapping funds last night, so the accounts are showing uninvested cash. Will either reinvest in appropriate index funds or put in money market once the funds are settled.
1. How to incorporate three fund portfolio across all these accounts and brokerages?
2. I have read the tax efficient placement wiki, but it appears there may not be a huge advantage if not using high yield bonds?
3. How about mirroring each account to the approx 55 (75/25) stocks 45 bonds allocation?
4. Suggestions for bond holdings? Currently mostly using Tbills and Money Market, as the normal bond tickets are totally confusing to me.
Subject: I have since cleaned house on my accounts, and came up with an acceptable (to me) asset allocation. Now I am looking for recommendations on how to deploy the AA across my various accounts.
Emergency funds: 5 months not included in below figures
Debt: Mortgage 45k left @ 3.25% ... monthly payment $835
Tax Filing Status: Married Filing Joint ... no dependants
Tax Rate: 22% Federal, 5.3% State
State of Residence:. Wisconsin
Age: Him (me): 58 ... Her (wife): 60
I hope to retire sometime between 4- 9 years. Not adverse to working longer for safety cushion
Estimated SS is 2214 @62 ... 3170 @ 67 ... 3939 @ 70 (per month estimates from SS.gov)
Wife likely begin collecting SS at 62 at a rate of 1600 per month
Desired Asset allocation: 50-60% stocks / 40-50% bonds
Desired International allocation: 20-30% of stocks (open to other values)
Approximate size of your total portfolio: 550k
Current retirement assets
Taxable - 1 @ B&M bank (19.7% of total)
19.7% cash (MM/CDs/HYSA/Checking/savings) (for investing )
Taxable - 2 @ Treasury Direct (17.93% of total)
3.64% iBonds - 1.3% fixed plus inflation
14.29% TBills - 8 to 17 week maturities - currently reinvesting while rates are decent
Taxable - 3 @ ETrade (5.9% of total)
0% cash
2.74% CYRX (Cryoport) (this was a gifted stock ... trying to figure out to hold or liquidate and pay capital gains).
1.61% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.1% WMPXX (Allspring Money Market Premier) 5.37% yield
0.37% VXUS (Vanguard Total International Stock ETF) er - 0.08%
0.008% HTGC (Hercules Capital) (some gains ... waiting to sell until all holdings will be LTCG)
Taxable - 4 @ Fidelity (1.83% of Total)
0.9% cash
0.92% VT (VANGUARD TOTAL WORLD STOCK ETF) er - 0.07%
His 401k @ ETrade (7.34% of total)
1.58% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
0.46% BND (Vanguard Total Bond Market ETF) er - 0.03% yield 3.35%
0.345% WMPXX (Allspring Money Market Premier) 5.37% yield
4.95% Cash for investment
(Account is inactive ... no further contributions)
His Roth IRA at ETrade (6.92% of Total)
1.78% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.48% WMPXX (Allspring Money Market Premier) 5.37% yield
0.39% ARCC (Ares Capital)
0.35% HTGC (Hercules Capital)
0.19%. Bank CD (5.5% yield)
2.74% Cash
(account is active with 8k contributions per year)
His Simple IRA at ETrade (10.2% of Total)
7.2% Cash
2.67% WMPXX (Allspring Money Market Premier) 5.37% yield
0.33% OBDC (Blue Owl Capital)
(account is active ... contribute approx $1600 per month)
His Rollover @ Fidelity (4.31% of total)
4.31% Fidelity 500 Index Fund (FXAIX) er - 0.015%
(account is inactive)
Her Roth IRA at ETrade (7.17% of Total)
2.85% Cash
2.86% VTSAX (Vanguard Total Stock MKT IDX ADM) er - 0.04%
1.27% WMPXX (Allspring Money Market Premier) 5.37% yield
0.19% Bank CD (5.5% yield)
(account is active with 8k contributions per year)
Her ERP plan at Fidelity (18.88% of total)
18.88% - TPKZ ... this is some kind of custom fund by her previous employer ... looks to be 53% domestic, 19% international, 19% Bonds, 8% other
(Account is inactive and 100% taxable on draws) (my wife would probably not want to change the holdings unless there is a very good argument to do so)
_______________________________________________________________
Contributions
New annual Contributions
$19,000 + 3,000 his Simple IRA (also specify any employer matching contributions)
$8000 his IRA/Roth IRA
$8000 her IRA/Roth IRA
Available funds
Most funds are available at ETrade and Fidelity
My first intention was to stick with VTSAX/VTIAX/BND (and their respective twins at fidelity) ... but I am very open to suggestions
Thinking mutual funds might easier to rebalance when necessary.
Questions:
Note: I am in the process of moving some stuff to Fidelity, as I think it might be a better set up for our joint holdings in retirement. I sold many overlapping funds last night, so the accounts are showing uninvested cash. Will either reinvest in appropriate index funds or put in money market once the funds are settled.
1. How to incorporate three fund portfolio across all these accounts and brokerages?
2. I have read the tax efficient placement wiki, but it appears there may not be a huge advantage if not using high yield bonds?
3. How about mirroring each account to the approx 55 (75/25) stocks 45 bonds allocation?
4. Suggestions for bond holdings? Currently mostly using Tbills and Money Market, as the normal bond tickets are totally confusing to me.
Statistics: Posted by Badgered — Wed May 22, 2024 1:37 pm — Replies 0 — Views 125