Working on hammering out some numbers for retiring in 2026 and could use the forums experience and input as I wade into trying to transition from saving to spending... It puts a lot of balls up in the air compared to pre-retirement mentality of saving as much as possible in a target fund....
Let's set the stage: married, no kids, no one to leave money to realistically but actively planning for long term care as part of the retirement strategy.
Me:
411k in work IRA/401k 20% Van Guard, 80% in work 401k
$530k in Roth (54% in Van Guard, 46% in work Roth 401k
Spouse:
$587k in IRA all Vanguard
$272k in Roth 64% Van Guard, 36% work IRA
Worked with a retirement planner (a well known one) in 2021 to figure out where we stood for possible early retirement... $8k for the full bore analysis with spreadsheet, tax optimization etc. with the option of AUM at over 1% with rates falling as portfolio value rises. The results were solid for a Fire at age 62 in 2025. I wasn't getting the warm fuzzy's and the AUM fee on top of the $8k was too much to handle so I didn't proceed .. I did unfortunately proceed with a recommended allocation about $400k to the Weselley fund for the fixed income side... That turned out not so well as share price is still down 18% on share price. About $80k down really is tough to swallow... I suppose if I had went with them and paid their fee they would have pulled me out of that fund as the interest rates started climbing... That loss would have paid for their fees for quite some time...
So here we are and I'm trying to get the finances located and allocated properly... Needing input on planning on a 60/40 split / bucket type system / rebalance once a year.
Simple is what we are looking for and plan to stay with Van Guard at this point in time and will roll all funds there when employment ends.
On the 60% growth side of the portfolio I was leaning towards 70% to VOO Van Guard S&P 500 ETF or their Total Stock Market Fund VYI with the balance of 30% in VBR small cap value. Or split that balance of 30% to 15% VBR small cap value / 15% VIOO small cap 600. I'd say 95% of the growth side can be located in Roth's...
The market continues to climb and want to get more of that action if it gets to be on a roll... I've already missed a lot of gains by avoiding making the necessary changes..
The 40% fixed side gets us out to age 70 yr 2033 by my work in progress spreadsheet calculations. Let me know what you think...
Let's set the stage: married, no kids, no one to leave money to realistically but actively planning for long term care as part of the retirement strategy.
Me:
411k in work IRA/401k 20% Van Guard, 80% in work 401k
$530k in Roth (54% in Van Guard, 46% in work Roth 401k
Spouse:
$587k in IRA all Vanguard
$272k in Roth 64% Van Guard, 36% work IRA
Worked with a retirement planner (a well known one) in 2021 to figure out where we stood for possible early retirement... $8k for the full bore analysis with spreadsheet, tax optimization etc. with the option of AUM at over 1% with rates falling as portfolio value rises. The results were solid for a Fire at age 62 in 2025. I wasn't getting the warm fuzzy's and the AUM fee on top of the $8k was too much to handle so I didn't proceed .. I did unfortunately proceed with a recommended allocation about $400k to the Weselley fund for the fixed income side... That turned out not so well as share price is still down 18% on share price. About $80k down really is tough to swallow... I suppose if I had went with them and paid their fee they would have pulled me out of that fund as the interest rates started climbing... That loss would have paid for their fees for quite some time...
So here we are and I'm trying to get the finances located and allocated properly... Needing input on planning on a 60/40 split / bucket type system / rebalance once a year.
Simple is what we are looking for and plan to stay with Van Guard at this point in time and will roll all funds there when employment ends.
On the 60% growth side of the portfolio I was leaning towards 70% to VOO Van Guard S&P 500 ETF or their Total Stock Market Fund VYI with the balance of 30% in VBR small cap value. Or split that balance of 30% to 15% VBR small cap value / 15% VIOO small cap 600. I'd say 95% of the growth side can be located in Roth's...
The market continues to climb and want to get more of that action if it gets to be on a roll... I've already missed a lot of gains by avoiding making the necessary changes..
The 40% fixed side gets us out to age 70 yr 2033 by my work in progress spreadsheet calculations. Let me know what you think...