Thanks for all the great advice. ReadySetMillionaire, I will definitely check out that book.
My husband's Fidelity account doesn't have Spartan as an option.
I'm definitely leaning towards having less invested in bonds. It seems the combination of bonds and high fees are eating away at his returns. I can't believe I wasn't paying closer attention to the expense ratios.
We do have a mortgage, and it's our only debt. $342,000 at 3.5%. Our house is worth $450,000.
Not a big house - 1500 square feet for the 4 of us, just in a very desirable, walkable neighborhood with awesome schools.
We only have 1 (old) car because we can walk to school and to my job and hubby can walk to the train.
Our savings rate was only 30% the last few years, but now that I'm back at work part-time we are aiming for 50% this year.
We just started contributing $400/month to my IRA, $400/month to my vanguard stocks, $400/month to a low interest savings account (emergency fund/vacation), and we've always put $200/month in 529s. We're putting $15,000/year in his 401K (but used to contribute less when we were on one salary), and the company contributes $7500/year as well. We might increase it to the maximum $18,000, but we're also trying to build our easily accessible $ as well. In his business, at his age and salary level, getting laid off in the next few years is a likelihood. I'd like to have a better plan for when/if that happens. Perhaps he should open a ROTH IRA instead of increasing the 401K contributions? Also, he will get social security at 62 or 67 and I will get a small pension at 60 if I start teaching full-time in the next couple of years, which is my plan.
Thanks again for all the responses!