I'm 37, hoping to FIRE in about 12 years.
I have rolled over my old 403b to a Vanguard IRA. The balance is about $19,000. (It's currently my only investment account.)
Based on what I've read, a 90:10 :: stocks:bonds AA seems like a better situation for me than 100% stocks. However, this puts me out of range of even the Investor Shares version of Vanguard's Total Bond Market Index Fund, which has a $3,000 minimum.
So, right now, my entire balance is in their Lifecycle 2045 fund, which is currently at 90:10 :: stocks:bonds, and has an ER of 0.18%.
Since this is an IRA and I won't be able to access the funds without penalty for some time, would it make sense to put the entire balance in VTSAX (with its lower ER of 0.05%) until the balance has grown enough to diversify my AA?
Thanks!