Greetings all! I also posted this to Bogleheads forum,hoping to gain some AA suggestions and input into coming transfer of my DW inheritance from Edward Jones to an allocation TBD in Vanguard.
Current situation
Both retired end of 2013. I’m 64, DW is 59.
No debt, no kids
Tax married/jointly
Rate 15%
Texas resident
Current income from SS (mine), pensions (mine and hers) and 4% distribution from high 6 figure portfolio.
Edward Jones Account
Joint Tenants with Right of Survivorship Exp Ratio % of Account
AF Global Balanced A GBLAX 0.89 8%
AF American Hi-Income TR A AHITX 0.66 8%
AF Capital Income Builder A CAIBX 0.62 15%
AF Capital World Bonds A CWBFX 0.90 6%
AF Capital World Growth Income A CWGIX 0.77 10%
AF Income Fund of America A AMELX 0.57 15%
AF New Perspective A ANWPX 0.76 6%
Maturity Coupon
Wells Fargo & Co Sr Unsecd Nt 12/17 5.63 4%
Credit Suisse NY Brh Sub Note 2/18 6.00 3%
GE Capitgal Corp Internotes 9/26 4.5 4%
GE Capital Corp Internotes 3/27 5 4%
Bank America Corp 11/1 5.3 9%
Cash 8%
Edward Jones Account
HER Traditional IRA Exp Ratio % of Account
Capital Income Builder Fund A CAIBX 0.62 10%
Capital World Grw & Inc Fund A CWGIX 0.77 10%
Hartford Cap Appreciation CI A ITHAX 1.1 18%
Hartford Midcap Fund CI A HFMCX 1.15 10%
Investment Co of America FD A AIVSX 0.59 26%
New Perspective Fund CI A ANWPX 0.76 26%
Vanguard Account
HIS Rollover IRA Brokerage Account Exp Ratio % of Account
Vanguard Inflation Protected Securities Fund VAIPX 0.1 47%
Vanguard Total Stock Market Index Fund VTSAX 0.05 53%
HER Rollover IRA Exp Ratio % of Account
Vanguard Total Bond Market Index Fund VBTLX 0.07 40%
Vanguard Total Internation Bond Index Fund VTABX 0.19 9%
Vanguard Total International Stock Index Fund VTIAX 0.14 12%
Vanguard Total Stock Market Index Fund VTSAX 0.05 39%
80% of the assets are taxable (IRA's)
20% are tax free, so we're told.. due to the inheritance (Joint Tenants Right of Survivorship..whatever that means)
The EJ inheritance has changed to AA considerably and it is the rebalance that I’m hoping to get some help with based on our ages and desire to keep it simple. I’d like to stay within Vanguard.
I’m guessing that, at our ages, we should be moving towards 50/50, but the bond market doesn’t seem to be performing as it has historically, so is there a different strategy to investigate?
Thanks in advance! Will be glad to provide more info, if needed.
edited to correct errors
Current situation
Both retired end of 2013. I’m 64, DW is 59.
No debt, no kids
Tax married/jointly
Rate 15%
Texas resident
Current income from SS (mine), pensions (mine and hers) and 4% distribution from high 6 figure portfolio.
Edward Jones Account
Joint Tenants with Right of Survivorship Exp Ratio % of Account
AF Global Balanced A GBLAX 0.89 8%
AF American Hi-Income TR A AHITX 0.66 8%
AF Capital Income Builder A CAIBX 0.62 15%
AF Capital World Bonds A CWBFX 0.90 6%
AF Capital World Growth Income A CWGIX 0.77 10%
AF Income Fund of America A AMELX 0.57 15%
AF New Perspective A ANWPX 0.76 6%
Maturity Coupon
Wells Fargo & Co Sr Unsecd Nt 12/17 5.63 4%
Credit Suisse NY Brh Sub Note 2/18 6.00 3%
GE Capitgal Corp Internotes 9/26 4.5 4%
GE Capital Corp Internotes 3/27 5 4%
Bank America Corp 11/1 5.3 9%
Cash 8%
Edward Jones Account
HER Traditional IRA Exp Ratio % of Account
Capital Income Builder Fund A CAIBX 0.62 10%
Capital World Grw & Inc Fund A CWGIX 0.77 10%
Hartford Cap Appreciation CI A ITHAX 1.1 18%
Hartford Midcap Fund CI A HFMCX 1.15 10%
Investment Co of America FD A AIVSX 0.59 26%
New Perspective Fund CI A ANWPX 0.76 26%
Vanguard Account
HIS Rollover IRA Brokerage Account Exp Ratio % of Account
Vanguard Inflation Protected Securities Fund VAIPX 0.1 47%
Vanguard Total Stock Market Index Fund VTSAX 0.05 53%
HER Rollover IRA Exp Ratio % of Account
Vanguard Total Bond Market Index Fund VBTLX 0.07 40%
Vanguard Total Internation Bond Index Fund VTABX 0.19 9%
Vanguard Total International Stock Index Fund VTIAX 0.14 12%
Vanguard Total Stock Market Index Fund VTSAX 0.05 39%
80% of the assets are taxable (IRA's)
20% are tax free, so we're told.. due to the inheritance (Joint Tenants Right of Survivorship..whatever that means)
The EJ inheritance has changed to AA considerably and it is the rebalance that I’m hoping to get some help with based on our ages and desire to keep it simple. I’d like to stay within Vanguard.
I’m guessing that, at our ages, we should be moving towards 50/50, but the bond market doesn’t seem to be performing as it has historically, so is there a different strategy to investigate?
Thanks in advance! Will be glad to provide more info, if needed.
edited to correct errors
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