Personal Investments • Reviewing Investment Choices

Hi,

Me and my spouse are reviewing our 401k choices and investments and would like to get your opinion. Any review and suggestions are appreciated. Thank you.

About us:

Emergency funds - 3 months of expenses.
Debt - no debts.
Tax filing status - Married filing together. We have 3 kids (9,6,2)
State of Residence - PA
Age - 38, spouse - 37.
Desired Asset Allocation - 90% stocks, 10 % bonds.
Desired International allocation: Not sure.

Current Tax bracket - federal - 22%, state - 3%

Total Assets - ~550K

Current retirement assets:

His Fidelity 401k- ~177K

7% - FID 500 INDEX (FXAIX) (0.015% ER)
12% - VANG EXT MKT IDX INS (VIEIX) (0.06% ER)
10% - VANG TOT INTL STK IS (VTSNX) (0.08% ER)
7% - VANG TOT BD MK IS PL (VBMPX) (0.03% ER)

His Fidelity Roth IRA account- ~39K

6% - Fidelity Total Market Index Fund (FSKAX) (0.015%)
1% - Fidelity Real Estate Market Index Fund (FSRNX) (0.07%)

Taxable - Personal Vanguard Investments - ~31K

6% - VANGUARD TOTAL STOCK MARKET ETF (VTI) (0.03% ER)
1% - VANGUARD TOTAL INTL STOCK INDEX FUND ETF (VXUS) (0.08% ER)

Her Vanguard 401k- ~54K

10% - Fidelity 500 Index (FXAIX) (0.015% ER)

Her Fidelity Roth IRA account- ~26K

3% - Fidelity Total Market Index Fund (FSKAX) (0.015%)
2% - Fidelity Zero International Index (FZILX) (0.00%)

Her Taxable - Personal Vanguard Investments - ~60K

11% - Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) (0.04% ER)

Cash in savings account - 160K (Potentially for future house down payment).

New Annual Contributions:

His 401k – 20K. Company matches upto 5%.
Her 401k – 10K. Company matches upto 5%.
His Roth IRA - 6K.
Her Roth IRA – 6K.

Available funds in his fidelity 401k

FID 500 INDEX (FXAIX) 0.015% ER
VANG EXT MKT IDX INS (VIEIX) 0.06% ER
VANG TOT INTL STK IS (VTSNX) 0.08% ER
VANG TOT BD MK IS PL (VBMPX) 0.03% ER
FID FREEDOM 2055 K (FNSDX) 0.65% ER
FID FREEDOM INC K (FNSHX) 0.45% ER
FID PURITAN K (FPUKX) 0.42% ER
MIP II CL3 0.29% ER
PRU CORE PL BD CL5 0.12% ER
FIMM GOVT INST 0.18% ER
DFA US SM CAP VALUE (DFSVX) 0.52% ER
FID CONTRAFUND K (FCNKX) 0.73% ER
FID DIIVERSIFIED INTL K (FDIKX) 0.69% ER
FID LOW PRICES STK K (FLPKX) 0.43% ER
FID OTC K (FOCKX) 0.79% ER
INVS GLB REAL EST R5 (IGREX) 0.92% ER
MFS GLOBAL EQUITY R4 (MWELX) 0.91% ER
TRP LG CAP GROWTH EQ 0.41% ER
TRP LG CAP VALUE Q 0.42% ER

Available funds in her Vanguard 401k

Vanguard Target Retirement 2025-2065 Trust (0.04%)
Vanguard Target Retirement Income Trust (0.04%)
Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (0.10%)
Vanguard Retirement Savings Trust II (0.24%)
Vanguard Total International Bond Index Fund Institutional Shares (0.07%)
Vanguard U.S. Large Cap Equity Index Fund (0.01%)
Vanguard U.S. Small and Mid Cap Equity Index Fund (0.02%)
Vanguard U.S. Bond Index Fund (0.02%)
Vanguard International Equity Index Fund (0.05%)
Vanguard Wellington Fund Admiral Shares (0.17%)
Vanguard PRIMECAP Fund Admiral Shares (0.31%)
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (0.04%)
Vanguard Windsor Fund Admiral Shares (0.28%)
Diversified Bond Fund (0.18%)
Active International Equity Fund (0.30%)
BlackRock Multi-Asset Income Portfolio Institutional Shares (0.68%)


Questions:

• Should I open a 529 Account for kids? Can I leverage Roth funds for college if needed ?

• Any adjustments that I should consider ?

Appreciate your time and input. Thanks for the forum collaborators for all they do.

Thanks,

Statistics: Posted by nbhid20 — Mon Dec 25, 2023 8:59 am — Replies 1 — Views 162

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