I have a rough idea on asset allocation for my portfolio and wanted to run it by some of you guys to see if anything should be changed.
A little about me: 26 years old, starting residency with expectation of higher tax bracket by the time I retire. Starting this year with my first contributions to a Roth IRA and the hospital-sponsored 403(b) retirement plan, which matches 2% of 100% of contributions AFTER one year of employment. I currently have an ETRADE account with "slush money" and I have become very fond of dividend growth investments. I would like to include this in my portfolio asset allocation in some capacity.
1) Equity (80%)
• Total Stock Market 25%
• Extended Market 10%
• Large Value 10%
• Small Value 10%
• Dividend Growth 5%
• Foreign Developed Equity 15%
• Emerging Market Equity 5%
2) Fixed Income (20%)
• TIPS 10%
• High-Grade Corporate Bonds 5%
• CDs 5%