I was going to comment in this thread but it's since been closed: http://ift.tt/1SxuxPH. I'd love some comparative decorum.
Here's my situation - I currently have a SEP IRA and I've been contributing for 2 years thus far. I am self-employed. There's a 20% chance I could take a full-time job in the next 5 years but my preference is to keep swinging for the fences in my entrepreneurial pursuits.
- $77,000 in a SEP IRA (VMMXX, VEA, VWO, VNQ, VTI, LQD, EMB)
- $5,700 in a Roth IRA (VMMXX)
- $5,700 in a random brokerage account (VIG, VEA, VWO, VTI, MUB, DJP)
This year has been decent in terms of cashflow so I'm looking to keep advancing my investments.
Should I keep contributing to these funds? Should I open a solo 401k?
My interests are to be a savvy investor - i.e., take advantage of any creative tax workarounds (backdoor roth), reconfigure my business setup (LLC to S-Corp for paying sub-100k salary), etc.
I also have a mortgage which will be an investment property next year.
What would you do?
Submitted August 09, 2017 at 08:41AM by FatFreeFIRE http://ift.tt/2vPioUB
