Hi,
I have started to think about how I will be withdrawing money once I FIRE in 2022...which made me take account of the different accounts and what is in there.
So here it is:
I max out:
403B defined contribution (5% me, 11% employer) 18K
403B pretax elective - 19K
Roth IRA - 6K
Rest in taxable account, around 20K
Balances - 380K in 403B, 35K in roth, 210K in taxable.
Now, it seems to me that I may be contributing too much to the pretax accounts.
I have about 420K in VTI and equivelent, 120K in a high yield divident paying stock which generates between 10-12K a year, and one other regular stock 70K that is very undervalued and will go much higher in 2-3 yrs.
Goal for FIRE is 40K a year, so about 1MM which I think I will hit in 3 years - but is the distribution of money among the accounts appropriate...cant figure it out.
Thanks!