I am planning to retire in 4 years so I am saving and investing as much as I can. The thread where the poster got fired by his FA had me thinking whether I am invested in the right funds and whether I might be duplicating. I am heavily into equities because I don't foresee needing any of the money in the near future. I have a real estate business that generates more than enough to live on including paying for HI. The only expenses I can foresee that I could potentially have to pay for is if my children decide to go to graduate school and pursue a field like medicine or law. If this happens I can comfortably fund it from my portfolio with a withdrawal rate under 4%. Here are the holdings in my portfolio right now. I also have about $500K in cash and I am trying to decide how to invest. I thought of several dividend paying stocks like 3M, Johnson & Johnson, AT&T etc but I seem to have settled on the idea of putting it in Vanguard S&P 500 ETF.
401K
Domestic Mid/Small cap equity
Vanguard prime cap (VPMAX)
International Equity
Domestic Large cap equity
Vanguard Capital (VHCAX)
Balanced fund
IRA
Vanguard Wellington
Taxable
Vanguard Dividend Growth
Vanguard Global Equity
Vanguard Small Cap Admiral Fund
Vanguard Total Stock Market Index
I have not included the 529 investments nor the funds invested in TRowe price for the children.
What do you think of my choices?
401K
Domestic Mid/Small cap equity
Vanguard prime cap (VPMAX)
International Equity
Domestic Large cap equity
Vanguard Capital (VHCAX)
Balanced fund
IRA
Vanguard Wellington
Taxable
Vanguard Dividend Growth
Vanguard Global Equity
Vanguard Small Cap Admiral Fund
Vanguard Total Stock Market Index
I have not included the 529 investments nor the funds invested in TRowe price for the children.
What do you think of my choices?