I could use some advice. I've started taking an active interest in investing and early retirement and have come to the realization that I'm sitting on a powder keg. I work for a major tech company and have picked up a large number of ESPP shares and RSUs over the past 8 or so years. Without directly looking into it, I'd wager that my company's stock also makes up a portion of my target fund 401k and mutual funds too, so most of my assets sit with my company.
My assets look like this:
401k: 97k (maxing contributions)
Mutual Fund: 3k (Vanguard mod growth fund)
RSUS: 70k out of 220k vested (4 year vesting cycle)
ESPP: 46k (contribute 3% of salary yearly)
Debt:
Mortgage: 130k
Car: 3k (interest on loan is negligible though)
The RSUs were issued during periods of slower growth over the past 4 years. The ESPPs go back farther during periods of high growth and have made a lot per share, so the tax on capital gains will be much, much higher.
I want to offload at least the RSUs and put them to good use. I'm thinking about putting the money towards my mortgage, either all of it or use part of it to refinance for a smaller loan at a better rate. I like the idea of reducing debt after I've already taken the tax hit, and I'm only 6 years into a 30 year 4.825% mortgage. Good idea or awful idea? The alternative would be to put the money towards diversified stocks and bonds.
I plan to also talk to a financial adviser, but I wanted to get your advice and a good understanding of my potential options before I do.