Hi Everyone,
I'm 51 and spouse is 61. We have about $1.1MM in Roths and traditional IRAs after conversion from 401ks after moving on as a W2 career employee to a sole proprietor. Therefore, we've been forced to invest in taxable accounts beyond maxing out our Roths each year.
Taxable account balance allocated to retirement is ~$144K with the following holdings:
VFIAX $80K (these before decided to move to ETF's)
VHYAX $37K
VOO $23K
VXUS $4K
My question is if I want to balance everything in both taxable and tax advantaged accounts to a three-fund portfolio at a US/Int'l/Bond allocation of my choosing - do I just roll with VHYAX and VXUS to avoid the capital gains I'd pay? We do have about $4k in cap loss carryover I could take advantage of but at this point do I just consider VHYAX as part of my US stock allocation and not pay the tax? Assuming so and may have answered my own question by typing this out but thought I'd ask!
NOTE: Also asked on Reddit
I'm 51 and spouse is 61. We have about $1.1MM in Roths and traditional IRAs after conversion from 401ks after moving on as a W2 career employee to a sole proprietor. Therefore, we've been forced to invest in taxable accounts beyond maxing out our Roths each year.
Taxable account balance allocated to retirement is ~$144K with the following holdings:
VFIAX $80K (these before decided to move to ETF's)
VHYAX $37K
VOO $23K
VXUS $4K
My question is if I want to balance everything in both taxable and tax advantaged accounts to a three-fund portfolio at a US/Int'l/Bond allocation of my choosing - do I just roll with VHYAX and VXUS to avoid the capital gains I'd pay? We do have about $4k in cap loss carryover I could take advantage of but at this point do I just consider VHYAX as part of my US stock allocation and not pay the tax? Assuming so and may have answered my own question by typing this out but thought I'd ask!
NOTE: Also asked on Reddit
Statistics: Posted by webbah — Wed Dec 18, 2024 9:06 am — Replies 1 — Views 101