Hello Everyone,
Thank you for taking the time to review the post. I am new to the forum and investment philosophy. I didn't think much of it in my 20s and am just trying to "catch up" and make the right choices now. My Risk tolerance is also High as well as I'm just trying to make each individual account 70% domestic stock / 30% international to make it easier to look at and allocate once the new year starts. I will add bonds into the equation once I hit 35 to 10% into bonds. I look forward on the guidance and input thank you again!
Emergency funds: 12 month emergency fund (one third is accessible in a HYSA and two-thirds are in a CD ladder)
house downpayment: 27k in FDLXX
Debt: Credit Card, school loans, mortgage: 0
Car Loan:19k (4.74% APR)
Tax Filing Status: Single
Tax Rate: 24% Federal, 0% State
State of Residence: AK moving in two years TBD on state
Age: 31
Desired Asset allocation: 100% stocks / 0% bonds
Desired International allocation: 30% of stocks
Total Portfolio:
176k (401k, Roth, Taxable, HSA)
Current retirement assets
Taxable
04.59% of 176k Vanguard Total Stock Market Index Fund ETF (VTI) 0.03% expense ratio
Roth IRA at Fidelity
03.98% of 176k Fidelity 500 Index Fund (FXAIX) 0.01% expense ratio
01.70% of 176k Fidelity Total International Index Fund (FTIHX) 0.06% expense ratio
HSA
00.66% Vanguard 500 Index Fund Admiral Shares (VFIAX) 0.04% expense ratio
401k
19.96% BlackRock LifePath Index 2065 Non-Lendable Fund F (no ticker) 0.009% expense ratio
50.56% State Street S&P 500 Index Non-Lending Series Fund Class A (no ticker) 0.003% expense ratio
02.39% State Street Russell Large Cap Value Index Non-Lending Series Funding Class A (no ticker) 0.012% expense ratio
08.08% American Funds Europacific Growth R6 (RERGX) 0.47% expense ratio
08.08% State Street International Index Non-Lending Series (no ticker) 0.025% expense ratio
Company match: 6%
_______________________________________________________________
Contributions
New annual Contributions 2025 and onward
$15680 Roth 401k (15680 my own + 6720 Employer match = 22400)
$7000 Roth IRA (max)
$2400 HSA
$6000 taxable (for retirement)
Available funds
Funds available in his 401(k)
Stable Value Investment Option (does not have) no expense ratio
State Street U.S. Bond Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
State Street S&P 500 Index Non-Lending Series Fund Class A (no ticker) 0.003% expense ratio
Structured Research Common Trust Fund Class Z (no ticker) no expense ratio
State Street Russell Large Cap Value Index Non-Lending Series (no ticker) 0.012% expense ratio
State Street Russell Large Cap Growth Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
State Street Russell Small Cap Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
American Funds Europacific Growth R6 (RERGX) 0.47% expense ratio
State Street International Index Non-Lending Series Fund Class A (no ticker) 0.025% expense ratio
BlackRock LifePath Index 2030 (no ticker) 0.005% expense ratio
BlackRock LifePath Index 2035 - 2040 (no ticker) 0.006% expense ratio
BlackRock LifePath Index 2045 - 2060 (no ticker) 0.007% expense ratio
BlackRock LifePath Index 2065 (no ticker) 0.009% expense ratio
Note;
1. I have a 12 month emergency fund due to the job field I am in and the high volatility for layoffs as a buffer just in case
Questions:
1. Is my current 401k too repetitive or can be condensed down to only 4 or less funds as I know the blackrock target date fund is repetitive and if it should just be distributed to the other funds or sell the other funds and put them into the target date fund
2. Am I diversified enough if i just do 70% into VTI / FXAIX / VFIAX and 30% into FTIHX / VXUS or would it be needed to break it down more.
3. I am also currently trying save up for a house down payment and have it just sitting in FDLXX (money market fund) would it make sense to lower contribution from my HSA or taxable account to put more towards a down payment
4. I was also debating changing my contributions from Roth 401k to Traditional 401k at a slightly higher contribution to drop down to the 22% tax bracket if that would make sense.
Thank you for taking the time to review the post. I am new to the forum and investment philosophy. I didn't think much of it in my 20s and am just trying to "catch up" and make the right choices now. My Risk tolerance is also High as well as I'm just trying to make each individual account 70% domestic stock / 30% international to make it easier to look at and allocate once the new year starts. I will add bonds into the equation once I hit 35 to 10% into bonds. I look forward on the guidance and input thank you again!
Emergency funds: 12 month emergency fund (one third is accessible in a HYSA and two-thirds are in a CD ladder)
house downpayment: 27k in FDLXX
Debt: Credit Card, school loans, mortgage: 0
Car Loan:19k (4.74% APR)
Tax Filing Status: Single
Tax Rate: 24% Federal, 0% State
State of Residence: AK moving in two years TBD on state
Age: 31
Desired Asset allocation: 100% stocks / 0% bonds
Desired International allocation: 30% of stocks
Total Portfolio:
176k (401k, Roth, Taxable, HSA)
Current retirement assets
Taxable
04.59% of 176k Vanguard Total Stock Market Index Fund ETF (VTI) 0.03% expense ratio
Roth IRA at Fidelity
03.98% of 176k Fidelity 500 Index Fund (FXAIX) 0.01% expense ratio
01.70% of 176k Fidelity Total International Index Fund (FTIHX) 0.06% expense ratio
HSA
00.66% Vanguard 500 Index Fund Admiral Shares (VFIAX) 0.04% expense ratio
401k
19.96% BlackRock LifePath Index 2065 Non-Lendable Fund F (no ticker) 0.009% expense ratio
50.56% State Street S&P 500 Index Non-Lending Series Fund Class A (no ticker) 0.003% expense ratio
02.39% State Street Russell Large Cap Value Index Non-Lending Series Funding Class A (no ticker) 0.012% expense ratio
08.08% American Funds Europacific Growth R6 (RERGX) 0.47% expense ratio
08.08% State Street International Index Non-Lending Series (no ticker) 0.025% expense ratio
Company match: 6%
_______________________________________________________________
Contributions
New annual Contributions 2025 and onward
$15680 Roth 401k (15680 my own + 6720 Employer match = 22400)
$7000 Roth IRA (max)
$2400 HSA
$6000 taxable (for retirement)
Available funds
Funds available in his 401(k)
Stable Value Investment Option (does not have) no expense ratio
State Street U.S. Bond Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
State Street S&P 500 Index Non-Lending Series Fund Class A (no ticker) 0.003% expense ratio
Structured Research Common Trust Fund Class Z (no ticker) no expense ratio
State Street Russell Large Cap Value Index Non-Lending Series (no ticker) 0.012% expense ratio
State Street Russell Large Cap Growth Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
State Street Russell Small Cap Index Non-Lending Series Fund Class A (no ticker) 0.012% expense ratio
American Funds Europacific Growth R6 (RERGX) 0.47% expense ratio
State Street International Index Non-Lending Series Fund Class A (no ticker) 0.025% expense ratio
BlackRock LifePath Index 2030 (no ticker) 0.005% expense ratio
BlackRock LifePath Index 2035 - 2040 (no ticker) 0.006% expense ratio
BlackRock LifePath Index 2045 - 2060 (no ticker) 0.007% expense ratio
BlackRock LifePath Index 2065 (no ticker) 0.009% expense ratio
Note;
1. I have a 12 month emergency fund due to the job field I am in and the high volatility for layoffs as a buffer just in case
Questions:
1. Is my current 401k too repetitive or can be condensed down to only 4 or less funds as I know the blackrock target date fund is repetitive and if it should just be distributed to the other funds or sell the other funds and put them into the target date fund
2. Am I diversified enough if i just do 70% into VTI / FXAIX / VFIAX and 30% into FTIHX / VXUS or would it be needed to break it down more.
3. I am also currently trying save up for a house down payment and have it just sitting in FDLXX (money market fund) would it make sense to lower contribution from my HSA or taxable account to put more towards a down payment
4. I was also debating changing my contributions from Roth 401k to Traditional 401k at a slightly higher contribution to drop down to the 22% tax bracket if that would make sense.
Statistics: Posted by buuuzzz — Thu Dec 26, 2024 10:08 am — Replies 0 — Views 35