Well, I'll stick with the 5% then for projecting my "magic number" for the next 5 years.
I try to keep my portfolio tax efficient. All of my bonds and reits are in 401Ks or IRAs. I also have a chunk of stock index funds in an IRA that I could convert to bonds if needed.
Outside my 401k (in the taxable space) I have most of my stock, which is split between Fidelity's Total Market Index Fund and Vanguard's World Ex-US Fund. Also, I have started buying Vanguard's Intermediate Muni Fund, which is where I will put most of my purchases for the next few years, in order to get my bond % up.
Once the 2013 health care tax on investments kicks in, or before, I may have to consider converting more of the stock to munis in order to avoid the tax hit. I'll have to have someone do the numbers at that point.
I try to keep my portfolio tax efficient. All of my bonds and reits are in 401Ks or IRAs. I also have a chunk of stock index funds in an IRA that I could convert to bonds if needed.
Outside my 401k (in the taxable space) I have most of my stock, which is split between Fidelity's Total Market Index Fund and Vanguard's World Ex-US Fund. Also, I have started buying Vanguard's Intermediate Muni Fund, which is where I will put most of my purchases for the next few years, in order to get my bond % up.
Once the 2013 health care tax on investments kicks in, or before, I may have to consider converting more of the stock to munis in order to avoid the tax hit. I'll have to have someone do the numbers at that point.