Married 51, dw 44, two kids 7 and 9.
Net worth:
Cash/savings 300K
IBond 134K
Tax Deferred (IRA) 840K (Stock ETF: 730K, Reits:85K, Preferred 25K)
Taxable accounts: 5.76M, (Stock ETF:3.3M, Bonds: 1.33M, CD: 375K, Reits:340K, Pref:395K)
Kids accounts: 110k (all stock ETF)
HSA:9K
House: $1.35M with 645K mortgage.(7,200 monthly P&I)
Private Equity: 0-1.5M
No 529 plans
Effective Fed rate 12.9%, State 5.4%.
Interest & Div from all accounts about 190K
Outside of mortgage and taxes, we have the following big expenses:
Health:21K
RE :14.5K
Travel:10K
Kids:6K
Utilities:5K
Food: 9K
Insurance 4K
House and Household 5K
Any recommendations or advice? Thanks
Net worth:
Cash/savings 300K
IBond 134K
Tax Deferred (IRA) 840K (Stock ETF: 730K, Reits:85K, Preferred 25K)
Taxable accounts: 5.76M, (Stock ETF:3.3M, Bonds: 1.33M, CD: 375K, Reits:340K, Pref:395K)
Kids accounts: 110k (all stock ETF)
HSA:9K
House: $1.35M with 645K mortgage.(7,200 monthly P&I)
Private Equity: 0-1.5M
No 529 plans
Effective Fed rate 12.9%, State 5.4%.
Interest & Div from all accounts about 190K
Outside of mortgage and taxes, we have the following big expenses:
Health:21K
RE :14.5K
Travel:10K
Kids:6K
Utilities:5K
Food: 9K
Insurance 4K
House and Household 5K
Any recommendations or advice? Thanks