New to the forum and to investing. To keep it short - my wife and I only recently were able to get serious with savings and thinking about our future - career changes and challenges and whatnot. We have some $$ tucked away in retirement accounts from previous and current jobs, but really were not paying attention to what that money has been doing - more like pick the target date fund and leave it alone. I'm hoping to follow the three-fund formula across the entire portfolio and I'm wondering if this type of allocation makes sense for a 70/30 split with 50 US/20 Int'l
- Her 401(k) - $33,000 - All bonds (29%)
- Her IRA - $13,582 - All Int'l (12%)
- Her 403(b) - $13,510 - All US (12%)
- Her Roth IRA - $6,000 - All Int'l (5%)
- His Roth IRA - $6,000 - All US (5%)
- His 403(b) - $38,980 - All US (34%)
- His IRA - $2,015 - All Int'l (2%)
Any comments/feedback/straight talk welcome. I'm looking to roll some accounts into Schwab so that we have three instead of five different institutions to deal with.
I'll end by just saying how appreciative I've been of the forum, the posts, the videos and the people. Most folks in my personal life think they can fool around a few hours a day and beat the market to somehow become independently wealthy overnight. I'm glad I've found a community to help tune the nonsense out.
Best,
M