Below is my current portfolio. Questions are at the bottom
Emergency funds: 6 Months in an HYSA (Synchrony)
Debt: $175k left on mortgage at 2.1% with 13 years left.
Tax Filing Status: Married Filing Jointly
Tax Rate: 22% Federal, 0% State (AK)
State of Residence: Alaska
Age: 39
Desired Asset allocation: 90% stocks / 10% bonds
Desired International allocation: 5% of stocks
Current personal portfolio is just short of $225k, with about an $80k inheritance coming in a month or so (See questions at the bottom). We making about $230-$250k annually in our incomes jointly with my wife's portfolio at about $250K, so we are closing in on $500k together.
Current retirement assets
Taxable -
4% cash (for investing – do not include emergency funds)
5% Vanguard Wellesley® Income Fund Investor Shares (VWINX) (.23%)
18.6% Vanguard 500 Index Fund ETF (VOO) (.03%)
.5% Vanguard Total International Stock Index Fund ETF (VXUS) (.07%)
17.2% Neuberger Berman Large Cap Value Fund Class Investor (NPRTX) (.76%)
His 401k
27.5% Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) (.040%)
Company match? 3%
His Roth IRA at T Rowe Price
21.2%% T Rowe Price Blue Chip Growth Fund (TRBCX) (.71%)
6% T Rowe Price Capital Appreciation (PRWCX) (.72%)
Her 403b
TSP Account
Company match?
Her SIMPLE IRA at Vanguard
Vanguard 500 Index Fund ETF (VOO) (.03%)
Contributions
New annual Contributions
$17,000k his 401k (+3% employer match, I am self employed)
$xx her 403b (also specify any employer matching contributions)
$7,000 his Roth IRA
$7,000 her Roth IRA
$xx taxable (for retirement, not short term goals)
Questions:
1. We are *potentially* planning a move in the next few years (2-5 year horizon) to either Seattle or Salt Lake City and would plan to maybe keep our house in Alaska and rent it out and but a house where we would expect to pay a 20% down payment of around $100-$120k. We are on pace to save that easily in the next few years given out savings rate, would it be best to just park it in an HYSA?
***If we do sell, we can easily make a 20% downpayment on the equity we have built in our house with fees of selling included.***
2. I will be receiving a inheritance in month or so for a total of about $80k, part will be used to buy a used SUV for our growing family (about $20k), the rest ($60k) is going to be saved for retirement and/or some future expenditures down the line 5+ years, best to just put it in VOO, or lower the risk in something such as an HYSA? I am not 100% it will be spent all or even some in the next 5 years and might just build to retirement
3. What is the best option for NPRTX? I hold a substantial amount (approx $35K) and feel it's not being used well. My father started this fund for me without clarifying the goals. I don't really understand it and feel that it would be better split into VOO and VXUS for long term growth and retirement. Can anyone direct me what the function of this fund is long-term?
We are not high spenders and feel very well on track to retire comfortably while still affording a goof lifestyle and the security that either of us could take of work for an extended period of time if needed ever and still live within our lifestyle.
Emergency funds: 6 Months in an HYSA (Synchrony)
Debt: $175k left on mortgage at 2.1% with 13 years left.
Tax Filing Status: Married Filing Jointly
Tax Rate: 22% Federal, 0% State (AK)
State of Residence: Alaska
Age: 39
Desired Asset allocation: 90% stocks / 10% bonds
Desired International allocation: 5% of stocks
Current personal portfolio is just short of $225k, with about an $80k inheritance coming in a month or so (See questions at the bottom). We making about $230-$250k annually in our incomes jointly with my wife's portfolio at about $250K, so we are closing in on $500k together.
Current retirement assets
Taxable -
4% cash (for investing – do not include emergency funds)
5% Vanguard Wellesley® Income Fund Investor Shares (VWINX) (.23%)
18.6% Vanguard 500 Index Fund ETF (VOO) (.03%)
.5% Vanguard Total International Stock Index Fund ETF (VXUS) (.07%)
17.2% Neuberger Berman Large Cap Value Fund Class Investor (NPRTX) (.76%)
His 401k
27.5% Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) (.040%)
Company match? 3%
His Roth IRA at T Rowe Price
21.2%% T Rowe Price Blue Chip Growth Fund (TRBCX) (.71%)
6% T Rowe Price Capital Appreciation (PRWCX) (.72%)
Her 403b
TSP Account
Company match?
Her SIMPLE IRA at Vanguard
Vanguard 500 Index Fund ETF (VOO) (.03%)
Contributions
New annual Contributions
$17,000k his 401k (+3% employer match, I am self employed)
$xx her 403b (also specify any employer matching contributions)
$7,000 his Roth IRA
$7,000 her Roth IRA
$xx taxable (for retirement, not short term goals)
Questions:
1. We are *potentially* planning a move in the next few years (2-5 year horizon) to either Seattle or Salt Lake City and would plan to maybe keep our house in Alaska and rent it out and but a house where we would expect to pay a 20% down payment of around $100-$120k. We are on pace to save that easily in the next few years given out savings rate, would it be best to just park it in an HYSA?
***If we do sell, we can easily make a 20% downpayment on the equity we have built in our house with fees of selling included.***
2. I will be receiving a inheritance in month or so for a total of about $80k, part will be used to buy a used SUV for our growing family (about $20k), the rest ($60k) is going to be saved for retirement and/or some future expenditures down the line 5+ years, best to just put it in VOO, or lower the risk in something such as an HYSA? I am not 100% it will be spent all or even some in the next 5 years and might just build to retirement
3. What is the best option for NPRTX? I hold a substantial amount (approx $35K) and feel it's not being used well. My father started this fund for me without clarifying the goals. I don't really understand it and feel that it would be better split into VOO and VXUS for long term growth and retirement. Can anyone direct me what the function of this fund is long-term?
We are not high spenders and feel very well on track to retire comfortably while still affording a goof lifestyle and the security that either of us could take of work for an extended period of time if needed ever and still live within our lifestyle.
Statistics: Posted by AK59 — Fri Feb 02, 2024 8:06 pm — Replies 0 — Views 161