Hi,
I've reviewed a lot of documentation, including https://www.bogleheads.org/wiki/Asset_a ... e_accounts, but we have numerous accounts and I'm wondering if there is a site or tool that will help build a portfolio across multiple accounts. Do any of you know of such a tool?
Specifically, I need to allocate funds across these accounts while planning for tax efficiency and early retirement in approximately 2 years at age 55.
401k
IRA
2 Roth IRAs
2 taxable brokerage accounts
HYSA
Thanks!
Portfolio builder for multiple accounts
Re: Portfolio builder for multiple accounts
Welcome to the forum.
I do not know of any tools, but you could post your info, and you will get input from people on this forum. Just follow this format: viewtopic.php?t=6212
There are some basic rules that can guide your decisions.
1. try to put all bonds in tax deferred accounts
2. tax efficient index stock funds in taxable account
3. don't mirror your asset allocation in all accounts. treat all accounts together.
I do not know of any tools, but you could post your info, and you will get input from people on this forum. Just follow this format: viewtopic.php?t=6212
There are some basic rules that can guide your decisions.
1. try to put all bonds in tax deferred accounts
2. tax efficient index stock funds in taxable account
3. don't mirror your asset allocation in all accounts. treat all accounts together.
52% TSM, 23% TISM, 24.5% TBM, 0.5% cash
Re: Portfolio builder for multiple accounts
"I started with nothing and I still have most of it left."
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Re: Portfolio builder for multiple accounts
Best thing to do is post your portfolio here and you will get very detailed recommendations.
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Re: Portfolio builder for multiple accounts
There are many tools, none is perfect due to the need to deal with many login verifications. Empower, New Retirement are the best. However, I ended up using Empower the same way as spreadsheet, to avoid having account update issues. You can do the same with New retirement and play with scenarios they offer.
Re: Portfolio builder for multiple accounts
Thanks. I use both newretirement and empower. Both are good at what they do (monitoring and planning), but I haven't found that either offer ways to "build" a portfolio with a new or different asset allocation across multiple accounts. This is what I'm really looking for.
Re: Portfolio builder for multiple accounts
Have you looked at assetrise.com? Looks like they do exactly what you're looking for. Monitor asset allocation across multiple accounts.Eeebee wrote: ↑Sat Jun 03, 2023 6:04 pm Thanks. I use both newretirement and empower. Both are good at what they do (monitoring and planning), but I haven't found that either offer ways to "build" a portfolio with a new or different asset allocation across multiple accounts. This is what I'm really looking for.
Re: Portfolio builder for multiple accounts
Interesting! Thanks for this.