Debt: Mortgage, 5/5 ARM (2/2/5), $417k @ 3.25% until March 2022
Tax Filing Status: Married Filing Jointly
Tax Rate: 25% Federal, 0% State
State of Residence: Washington
Ages: 36 & 34
Desired Asset allocation: 50% stocks / 50% bonds
Desired International allocation: 40% of stocks
Total portfolio: Low-to-mid six figures
Current retirement assets
His Old 401k - 89%
In-plan funds:
- Vanguard S&P 500 Index (ER 0.0113%) - 22.5%
- PIMCO Total Return (ER 0.27%) - 10.8%
- DFA Small/Mid-Cap Value (ER 0.2568%) - 1.8%
- Int'l Growth (ER 0.571%) - 1.5%
- Int'l Value (ER 0.5714%) - 1.4%
- Vanguard Russell 2000 Growth (ER 0.01%) - 0.6%
- Vanguard Intermediate-Term Bond (BIV, ER 0.07%) - 21.4%
- Vanguard Total Stock Market (VXUS, ER 0.11%) - 12.7%
- iShares TIPS (TIP, ER 0.20%) - 6.7%
- Vanguard Small Cap Value (VBR, ER 0.07%) - 5.2%
- Vanguard Extended Market (VXF, ER 0.08%) - 4.4%
- 83.4% Pre-tax
- 5.6% Roth
Target Retirement 2040 (VFORX, ER 0.16%) - 11%
His New 401k - 0%
(Not kidding, it's really that new.)
New annual Contributions
- $18,500 new 401k + $6,000 matching
- $5,500 her IRA
- $10-15k other; probably going to some combination of mortgage principal or our son's 529 (not listed here)
Funds available in old 401(k)
(Most of these don't have ticker symbols listed; I didn't just forget.)
- BTC LifePath 2020, 2030, etc. (ER 0.08%)
- Fidelity Contrafund (ER 0.38%)
- Fidelity Growth Company (ER 0.38%)
- Vanguard Russell 1000 Growth Index (ER 0.0216%)
- Vanguard Russell 1000 Value Index (ER 0.0202%)
- Vanguard S&P 500 Index (ER 0.0113%)
- Artisan Mid-Cap (ER 0.5024%)
- DFA Small/Mid-Cap Value (ER 0.2568%)
- Vanguard Russell 2000 Growth Index (ER 0.01%)
- International Growth (ER 0.571%)
- International Value (ER 0.5714%)
- PIMCO All-Asset All-Authority Fund (PAUIX, ER 1.99%)
- PIMCO Inflation Response Multi-Asset Fund (PIRMX, ER 1.06%)
- PIMCO Total Return (ER 0.27%)
- Vanguard Short-Term Bond Index (VBIPX, ER 0.04%)
- BlackRock Short-Term Investment (ER 0.04%)
- BrokerageLink
(A few without symbols here as well.)
- Fidelity 500 Index (FXSIX, ER 0.03%)
- Fidelity Contrafund (FCNKX, ER 0.58%)
- Fidelity Growth Company (FGCKX, ER 0.66%)
- TRP Large-Cap Value (TILCX, ER 0.57%)
- Baron Growth (BGRIX, ER 1.05%)
- Fidelity Low-Priced Stock (FLPKX, 0.58%)
- Fidelity Mid-Cap Index (FSTPX, 0.04%)
- Fidelity Mid-Cap Stock (FKMCX, 0.46%)
- JPMorgan Mid-Cap Value (FLMVX, 0.86%)
- American Beacon Small-Cap Value (AVFIX, 0.84%)
- Fidelity Small-Cap Index (FSSSX, 0.04%)
- Fidelity Diversified International (FDIKX, ER 0.92%)
- Fidelity Global ex-US Index (FSGSX, ER 0.08%)
- Oppenheimer Developing Markets (ODVIX, ER 0.88%)
- Vanguard International Value (VTRIX, ER 0.43%)
- Third-Avenue Real Estate Value (TAREX, ER 1.13%)
- Fidelity Real Estate Index (FSRVX, ER 0.09%)
- Aggressive Allocation (ER 0.6605%)
- Fidelity Freedom 2010, 2020, etc. (ER 0.64%)
- Fidelity Puritan (FPUKX, ER 0.46%)
- Moderate Allocation (ER 0.5944%)
- Morley Stable Value (ER 0.55%)
- Fidelity Capital & Income (FAGIX, ER 0.73%)
- Fidelity US Bond Index (FXSTX, ER 0.035%)
- Metropolitan West Total Return (MWTIX, ER 0.44%)
- Oppenheimer Int'l Bond (OIBIX, ER 0.6%)
- PIMCO Real Return (PRRIX, ER 0.45%)
- PIMCO Total Return (PTTRX, ER 0.51%)
- BrokerageLink
I have been using the high-ER in-plan fund choices to accumulate money, then occasionally transferring the funds to BrokerageLink and buying lower-ER ETFs, rebalancing in the process. Since there will be no new contributions, I probably need to somewhat lock down what's in the old 401k.
The new 401k has some nice index options, and some... well-reputed active funds with corresponding fees, let's say. I'm particularly curious about the Stable Value Fund, since I remember reading some threads here about how attractive they can be, but it was theoretical because at the time I didn't have access to one. One open question is whether I should roll some or all of the funds from the old 401k to the new 401k (or to an IRA).
Since I'm basically starting my new 401k from scratch, this seems like a good time for an all-up portfolio review. I've done several of these myself, once upon a time, but the multi-401k scenarios always got a little beyond my comfort zone. I'd really appreciate the collective wisdom of my fellow Bogleheads giving me some thoughts on the path forward!