Hello Fellow M's!
I would greatly appreciate any suggestions with my plan to move over to Vanguard; My questions are below in
bold type. I've been reading jhcollinsnh blog, and decided to transfer funds to following allocation:
VTSAX 50% $60,000
VBTLX 25% $30,000
VGSLX 25% $30,000
Cash 8% $10,000 (Also have small savings in local accounts)
1)
Does this allocation (above) appear reasonable for 57 y/o?2) Fidelity 401 with employer ($8,500 current balance) = FFKDX (96.6% allocation); FFKVX = 3.40% allocation). Employer match is 25%
of the first 4% contributed.
a) Okay splitting equally, 50%/50% between FFKDX and FFKVX?b) Should more salary be deposited to 401 to lower adj tax income and take advantage of pre-tax dollars? (currently deposit $400 monthly of pre-tax pay to 401)
c) If answer you answered "no" to question 3b, should just the minimum (approx $160 month) be deposited to meet the employer match (which is up to 4%) with the remaining surplus plowed back into Vanguard funds?My initial post from 3/8/14 that triggered these questions: "Reader Case Study: Too old for ER, but going for the gusto – Advice Please" posted to "Ask a Mustachian"THANK YOU!!!!
Minimalist Moustache[/list]