Ronstar
Moderator Emeritus
I've learned a lot from this board, and still have some investing questions. I'm thinking of investing monthly in a taxable mutual fund using excess emergency cash reserves and general savings. Choices so far include Vanguard Total Stock Market Index Fund and Target Retirement 2010 or 2015.
I'm 52, DW is 53. We plan on fully retiring in 2011. Investments include 260k in cash, 1.35m in 401k's and IRA's, 110k in misc equities, 210k in investment real estate, 400k of business stock. No debt. 401k's and IRA's are generally 80% equities, 20% bonds/income.
Plans are to withdraw from cash the first 2-3 years of retirement, and begin withdrawing from the new index/ retirement fund around 2014. Proceeds from business stock and investment real estate within the next 5 years will be rolled into this new account.
I like the Target Retirement funds for their allocation diversification. But it seems like advice from this board steers people away from these types of funds in taxable accounts. Is the index or retirement fund better for me?
I also question if my initial investment should be 100k in order to immediately qualify for admiral shares, or if I should invest over several months to qualify?
Thanks
I'm 52, DW is 53. We plan on fully retiring in 2011. Investments include 260k in cash, 1.35m in 401k's and IRA's, 110k in misc equities, 210k in investment real estate, 400k of business stock. No debt. 401k's and IRA's are generally 80% equities, 20% bonds/income.
Plans are to withdraw from cash the first 2-3 years of retirement, and begin withdrawing from the new index/ retirement fund around 2014. Proceeds from business stock and investment real estate within the next 5 years will be rolled into this new account.
I like the Target Retirement funds for their allocation diversification. But it seems like advice from this board steers people away from these types of funds in taxable accounts. Is the index or retirement fund better for me?
I also question if my initial investment should be 100k in order to immediately qualify for admiral shares, or if I should invest over several months to qualify?
Thanks