Hi everyone,
I was pretty lazy over the past 5 years and haven't been keeping up with the forums like I used to, but recently I'm reading daily again and am ready to consolidate and clean up our retirement portfolio which is currently valued at about $1.2M. My funds and those of my spouse are listed below. I'd appreciate any general thoughts or advice you may have. We max out 401K's annually. I'm 41 and spouse is 37. Here is what I plan to do:
* Consolidate my past 401K's into my IRA as much as possible to simplify things
* Roll spouse's past FID 500 Index into her current plan (VINIX)
* Allocate our total portfolio to be 85% stock and 15% bonds. Not sure how much international we will rebalance to.
And here are my questions and points where I would appreciate some clarity:
1. My $606K VINIX investment is in a previous employer's 401K plan. I know there is a $5MUSD minimum to invest in this stock....I like the fund and it's what we chose for my spouse's current plan. Do you see anything wrong with me keeping this 401K going and just leaving the money there?
2. I'm currently enrolled in a Roth 401K. Our annual income is ~$400K....after reading up on BHs' general consensus, I plan to change to traditional. Any hard thoughts or comments on this?
3. When all is said and done, I'll plan on us essentially being invested in VINIX, VBTLX, State Street S&P 500 due to current 401K, and VTIAX. Thoughts?
MeIRA Vanguard Intermediate-Term Bond Index Fund Admiral SharesVBILX $25,937.00
MeIRA Vanguard Total International Stock Index Fund Admiral SharesVTIAX $63,824.00
MePast 401K NT Col Ext Eq Mkt Idx Fd - DC - NL - 4 NTEMT4 $57,876.00
MePast 401K NT CIT Aggregate Bd Idx NL T4 NTABIT4 $47,145.00
MePast 401K NT Col ACWI ex-US IMI Fd - DC - NL - 4 NTACWIT4 $1,090.00
MePast 401K Vanguard Institutional Index Fund VINIX $606,456.00
MePast 401K Fidelity 500 Index FXAIX $94,824.00
MeCurrent 401K State Street S&P 500 Index Securities $31,795.00
SpousePast 401K FID 500 Index FXAIX $118,175.28
SpouseCurrent Rothb 401KVanguard Institutional 500 Index VINIX $164,048.79
SpousePast Fidelity Government Cash Reserves FDRXX $2,571.44
I was pretty lazy over the past 5 years and haven't been keeping up with the forums like I used to, but recently I'm reading daily again and am ready to consolidate and clean up our retirement portfolio which is currently valued at about $1.2M. My funds and those of my spouse are listed below. I'd appreciate any general thoughts or advice you may have. We max out 401K's annually. I'm 41 and spouse is 37. Here is what I plan to do:
* Consolidate my past 401K's into my IRA as much as possible to simplify things
* Roll spouse's past FID 500 Index into her current plan (VINIX)
* Allocate our total portfolio to be 85% stock and 15% bonds. Not sure how much international we will rebalance to.
And here are my questions and points where I would appreciate some clarity:
1. My $606K VINIX investment is in a previous employer's 401K plan. I know there is a $5MUSD minimum to invest in this stock....I like the fund and it's what we chose for my spouse's current plan. Do you see anything wrong with me keeping this 401K going and just leaving the money there?
2. I'm currently enrolled in a Roth 401K. Our annual income is ~$400K....after reading up on BHs' general consensus, I plan to change to traditional. Any hard thoughts or comments on this?
3. When all is said and done, I'll plan on us essentially being invested in VINIX, VBTLX, State Street S&P 500 due to current 401K, and VTIAX. Thoughts?
MeIRA Vanguard Intermediate-Term Bond Index Fund Admiral SharesVBILX $25,937.00
MeIRA Vanguard Total International Stock Index Fund Admiral SharesVTIAX $63,824.00
MePast 401K NT Col Ext Eq Mkt Idx Fd - DC - NL - 4 NTEMT4 $57,876.00
MePast 401K NT CIT Aggregate Bd Idx NL T4 NTABIT4 $47,145.00
MePast 401K NT Col ACWI ex-US IMI Fd - DC - NL - 4 NTACWIT4 $1,090.00
MePast 401K Vanguard Institutional Index Fund VINIX $606,456.00
MePast 401K Fidelity 500 Index FXAIX $94,824.00
MeCurrent 401K State Street S&P 500 Index Securities $31,795.00
SpousePast 401K FID 500 Index FXAIX $118,175.28
SpouseCurrent Rothb 401KVanguard Institutional 500 Index VINIX $164,048.79
SpousePast Fidelity Government Cash Reserves FDRXX $2,571.44
Statistics: Posted by PlayingLife — Thu Jun 27, 2024 9:10 pm — Replies 1 — Views 164
