Hi all, SO and I have a lot of retirement account/investing options and I would like some advice on which to prioritize. I would appreciate if people could put their proposed withdrawal strategy with any solution they propose.
Available to us are:
ME-
-403b (mega backdoor Roth compatible as of 1/1/19)(match of 4.5% if 6% contributed)
-Roth IRA
-Trad IRA
SO-
-403b
-457b (government)
-Pension (6% required, unhealthy, we intend to withdraw contributions at separation, guaranteed 4% return on contributions)
-Roth IRA
-Trad IRA
US
-Joint brokerage
-Real estate investments
We currently make a little less than 100k combined gross, and I don't expect that to ever rise above 150k with our fields.
We can comfortably put about half of our income into savings/investments. Estimated FIRE age is 40, about 13 years from now.
We purchased a rental property last year as well and have a renter starting in a few weeks. Assuming this goes well, we would be interested in doing more of this in the future. Conservative cap rates in our area are at 8-9%.
Expense ratios in our plans are all incredibly low with the the exception of my 403b, which fall between .16 and .55 (domestic and international, respectively, no reasonable bond option.)