As my wife’s and my account balances grow, were starting to realize that we might need to make some changes in regards to where we have our money invested. Ill start with my own situation.
Fidelity 401k w/ Financial Engines Management- Balance 117k - Fully Fund every year.
Financial Engines Management Fee = .33
35.08% in FIDELITY US EQUITY ALL CAP BLEND FUND - 0.09% expense ratio
29.05% in FIDELITY US EQUITY S&P500 INDEX FUND - 0.01%
3.02% in FIDELITY US EQUITY SMALL/MID CAP BLEND FUND - 0.51%
32.85% in FIDELITY NON-US EQUITY BLEND FUND - 0.4%
Question with this is the fee I pay financial engines. I feel like I need to cut ties before going in deeper and watching those fees eat up a good chunk down the line. The expense ratios I am ok with and are the lowest fee options from what our plan offers.
Wife’s ACORNS ROTH IRA and taxable account ($10K combined). The fee for them to manage both is a flat $2 fee per month. We opened this account as way for wife to feel comfortable with investing and also a place to put money after maxing out my 401k. Wife is a stay at home parent currently. The question here is should we take the money in both of these accounts and move it over to a Vanguard VTSAX or let it be?
ACORNS ROTH IRA
38% in VANGUARD S&P500 ETF VOO - 0.04% expense ratio
14% in VANGUARD SMALL CAP ETF VB - 0.05%
4% in VANGUARD EMERGING MARKETS ETF VWO - 0.14%
8% in VANGUARD REIT INDEX ETF VNQ - 0.12%
10% in iSHARES 1-3 YEAR TREASURY BOND ETF SHY - 0.15%
10% in iSHARES INV GRADE CORP BONDS ETF LQD - 0.15%
ACORNS TAXABLE
40% in VANGUARD S&P500 ETF VOO - 0.04% expense ratio
20% in VANGUARD SMALL CAP ETF VB - 0.05%
10% in VANGUARD EMERGING MARKETS ETF VWO - 0.14%
10% in VANGUARD REIT INDEX ETF VNQ - 0.12%
20% in VANGUARD FTSE DEVELOPED MARKETS ETF VEA - 0.07%
Our savings rate is 40%, 9 month emergency fund is fully funded and being moved to an Ally account this week and also have an HSA that gets maxed out every year. So I feel like were on the right path and with decent foundation but want to get the communities opinion on the investments side on where we can make some changes if needed.
