I have been reading the posts on this board for a while and would like your comments on the following. I have an IRA with a value of +$200,000. Currently it is invested with Vanguard as follows:
1. S&P 500 Index Fund – 40%
2. Extended Market Index – 40%
3. Total Bond Index – 20%.
I am wondering if it would be better to (1) move this to the Vanguard Target Retirement Fund either 2015 or 2025 and just let it ride for the next 10 - 20 years with the Vanguard computers handling the rebalancing, (2) move it to the Coffeehouse Portfolio which has 7 funds, or (3) leave it where it is.
For the record I am 51, totally debt free, college funds for our two children fully funded, all 401(k)s, Roth IRAs and SEP IRAs are funded to the maximum allowed annually and I have a pension from a previous employer which as of this date is fully funded and not in harms way. I expect to retire from the corporate scene within the next 5 years and start a part-time consulting gig at that time with my wife runs her own consulting business. Our net worth is in excess of $1MM.
Please let me know what you think.
eleighj
1. S&P 500 Index Fund – 40%
2. Extended Market Index – 40%
3. Total Bond Index – 20%.
I am wondering if it would be better to (1) move this to the Vanguard Target Retirement Fund either 2015 or 2025 and just let it ride for the next 10 - 20 years with the Vanguard computers handling the rebalancing, (2) move it to the Coffeehouse Portfolio which has 7 funds, or (3) leave it where it is.
For the record I am 51, totally debt free, college funds for our two children fully funded, all 401(k)s, Roth IRAs and SEP IRAs are funded to the maximum allowed annually and I have a pension from a previous employer which as of this date is fully funded and not in harms way. I expect to retire from the corporate scene within the next 5 years and start a part-time consulting gig at that time with my wife runs her own consulting business. Our net worth is in excess of $1MM.
Please let me know what you think.
eleighj