A little info. I'm 30, and wifey is 28. We've just started the journey to FI, but have always been frugal with our money, we just spent too much time traveling and not earning/saving. This year marked the elimination of our student loans, and a growing investment portfolio. We're at a 55% after tax savings rate right now, saving about $40k/year, with any increase in income headed straight to investments or a down-payment fund. We've just fully funded our Roth IRA's for 2016, and are prepped to fund next years within the first couple weeks of January. We've currently got $15.5k in mine, and $5.5k in hers. That will jump to $21k and $11k come the new year, and represents our total mini start to retirement. We're targeting 2040 as a FI date, but hope to move it forward with increased future earnings.
For the last year, I've had my meager IRA fund invested in Vanguards VTTHX fund. Aka: Target Retirement 2035. Since inception in 2003, it's returned 6.9%. It's an 80/20 split, stocks/bonds. In the last 12 months or so, it's returned about 5%, and has a 10 year performance of 5.09%.
I'd love to hear of some recommendations for a preferred
I'm looking for recommendations on a better fund to transfer our IRA funds into, and a recommendation as to which fund/s to put our taxable investments into.
Neither of us has access to an employer based 401k.
ANY recommendations on best "next steps" are welcomed!
Happy New Year Mustachians!
