Made some updates to our portfolio.
Hello all, its been a bit. Got DW through the medical situation. All is good. Thank goodness for good insurance. Now to tweak our finances.
Me 58, still working
DW 67, retired, drawing SS.
Tax bracket
Fed-12%
State-5.93%
Brokerage-Joint
Our savings, dividends go to core account.
Walmart- $54,069.55
SPAXX-$19,387.69
FSKAX- total US market Index- $12,595.91
My tIRA
Dividends reinvested.
FXNAX-Bond-$9,128.80
FZILX-International-$9,883.23
FZROZ- total US market- $37,131.92
My 401K
Company match of .50 up to 9% of salary, I'm contributing 20%.
VBTIX-index Bond- $47,152.71
VINIX- SP 500 Index- $149,356.94
My ESOP- $4,726.06
DW Rollover IRA
All dividends are going to core account SPAXX.
Company Stock- $55,474.64, sold half of it.
FXNAX- Bond index-$92,075.60
FXAIX- SP 500- $252,657.72
SPAXX- core account- $59,776.97
If my math is correct, we are 71/29 allocation now.
My questions are, in my IRA do I keep it as is, as I plan to roll my 401K there unless that's not smart. Or do I sell and make it all bond till I retire, or all stock till retirement. While I focus on contributing 20% of my salary in the 401K? There is a Roth 401K option now. Thats a new wrinkle of what to do.
On her IRA we have her 401K rolled over and set it up as you see it. Sold half her company stock at a great price. Thats the cash in her core account. we are thinking of putting $25000 in bond and $15000 in the SP 500 account. The remainder in cash.
In hindsight we wish we left Edward Jones sooner. They way our accounts grew without those fees in the last year or so is amazing.
Statistics: Posted by KellyInBaconville — Sat Aug 24, 2024 2:33 pm — Replies 85 — Views 9251