tldr; 401k/ROTH accounts are riding VFIFX while HSA is in FXIAX; thoughts on other vehicles; leave them alone? Also, debating whether to pull Schwab funds to go all in on FXAIX, VOO, or VT. Maybe go bonds? Am I overthinking this? First time poster; TIA for the suggestions
Income: average 6500/mo; post 401k
Expenses: average 3300/mo
Liquid: 14 months expenses
Allocating 45% of monthly disposable to liquid for down payment. Currently living alone but could be getting married in the next year or so; kids in the next 5 or so. SO income could add 3-4k/mo. Once kids come I'd like to scale back investing to 30/40% of disposable income.
Retirement vehicles: - 401k (65k), 15%; 100% VFIFX, .15 expense - RothIRA (33k), maxed through backdoor once disposable at 6k; 100% VFIFX .15 expense - HSA (8k), maxed after ROTH is filled; 100% FXAIX .015 expense
Post tax vehicles: - Schwab Intelligent portfolio (25k), 1k every other check, no expense -- 76.79% stocks, 13.37% fixed income, 7.87% cash, 1.97% commodities - Whatever is disposable at months end is invested into VOO through Robinhood, no expense
I don't mind risk; hence why I'm leaning towards emptying Schwab and reallocating ROTH to go all in on a 500 fund or total world ETF. Although, I don't want all my eggs in one basket; maybe throw HSA into total world bond?
Would like to put in 20 years then evaluate if retirement is feasible. I'm confident it would be monetarily but idk if I'd be ready to switch the routine then or if I could with kid expenses. I know I'm in good place as is but I can't help but feel like I'm not allocated properly.
Submitted June 16, 2020 at 08:41PM by Comprehensive_Toe908 https://ift.tt/3hD4XvB
