Risk Profile: High Time Horizon: 10-30 years Financial goals: Vacation home, travel, private education for children, early retirement, passing wealth to children
Here is a breakdown of $1.35MM in wealth of our family, managed only by ourselves. The investments consist of tax advantages retirement accounts (401k, Roth IRA) and individual taxable accounts. I do not have debt. All percentages are a share of my total wealth. How might you optimize my portfolio based on my stated goals?
Large Cap US Stocks - 32.8%
- FZROX 10%
- Russell 3000 in 401k 6%
- Fidelity Freedom Large Cap 2055 6%
- FNILX 4%
- Diversified Equity 401k 4%
- VTI 3%
- VOO 2%
Real Estate Equity (10.6% long-term rental return monthly) - 22.2%
International Stocks - 14.6%
- Fidelity Freedom Int’l Stocks 5%
- FZILX 4%
- Int’l Equity 401k 4%
Cash - 7.9%
High Yield Savings (APY currently 4.25%) - 7.4%
Bonds - 6.8%
- FXNAX 5%
- Bond Equity 401k 1%
- Fidelity Freedom 2055 Bond Equity 1%
Small Cap US Stocks - 4.5%
- FCPGX 1%
- Mid/Small Cap Equity 401k 4%
Company Stock yet to be vested - 2.6%
Nvidia Stock - 1.1%
Thanks, I have only started to organize my approach to personal finance during the pandemic and my passion has carried on to be an eternal student and continue to learn! Thanks in advance for your advice.
Submitted August 29, 2023 at 06:18AM by bulk_nuts https://ift.tt/xqGy31Z
