Webzter
Full time employment: Posting here.
- Joined
- Jun 29, 2007
- Messages
- 567
Ok, two years ago investing was easy... dial up both 401k's to the limit and put all other money in a tax-friendly account. Roth's weren't an option and probably wouldn't have made sense even if we qualified. Those were different times.
We rolled those to traditional IRAs at the big V and have just north of $230k between both accounts.. both in the target retirement 2050 fund.
Now, one worker bee instead of two and no employer 401k. I'm 33, DW is 32. Salary is $75k and I'm a plain ol' w-2 guy. I think I can ease back in at saving 20% starting, well, Monday.
I'm on the fence on if I should contribute to a roth or traditional IRA until max... or skip both of those and just put everything in a taxable. To maintain my AA, I'll need to add some bonds and so I should at least be contributing to an IRA to buy those (I know there are tax-efficient bond funds floating around, but still....)... but bonds sure do seem like a boring fit for a roth when my taxes are (relatively) low. Maybe shoot the moon on an aggressive AA in a roth (I do assume, by the time I retire, roth funds still won't be directly taxed but will be siphoned somehow)
Help?
We rolled those to traditional IRAs at the big V and have just north of $230k between both accounts.. both in the target retirement 2050 fund.
Now, one worker bee instead of two and no employer 401k. I'm 33, DW is 32. Salary is $75k and I'm a plain ol' w-2 guy. I think I can ease back in at saving 20% starting, well, Monday.
I'm on the fence on if I should contribute to a roth or traditional IRA until max... or skip both of those and just put everything in a taxable. To maintain my AA, I'll need to add some bonds and so I should at least be contributing to an IRA to buy those (I know there are tax-efficient bond funds floating around, but still....)... but bonds sure do seem like a boring fit for a roth when my taxes are (relatively) low. Maybe shoot the moon on an aggressive AA in a roth (I do assume, by the time I retire, roth funds still won't be directly taxed but will be siphoned somehow)
Help?