Hi Fam!
It's been quite sometime since I've been on these forums. I've mostly taken the set it and forget it method when it comes to my investments (started with a negative net worth before I saw this site 6 years ago), but I just got a new job and when I was about to sign up for my 401k it made me think I should reevaluate where I am and what I should be investing in at this time.
Here are my current financial figures:
Age: 32 and married
Investments = 114k
- Old employer's 401k = $45k this is all going towards an S&P 500 Index Fund
- Roth IRA = $45K Vanguard's VTTSX 2060 Retirement fund
- Rollover IRA = $24k Vanguard's VTSAX Share
A couple questions:
1) Should I take my old employer's 401k and dump it into my already existing rollover IRA or is it better to create another rollover IRA?
2) When dealing with AA should I look at the % based across all accounts? This one kind of confuses me because the Roth IRA already has a preset AA and it automatically shifts over to bonds as I get older. So how should I take that into consideration with my other accounts? 6 years ago I was hardcore aggressive and wanted everything in stocks, but now that I'm getting older I feel like I should start prioritizing AA.
Thanks for any help and insight!!