I have been living the Mustachian lifestyle for the past 2 years and started investing last year after I bought my house with a 20% downpayment and filling up my emergency fund to cover my 1 yr expenses including mortgage PITI.
Here's the breakdown:
Emergency Stash (Incl. Mortgage PITI): $60,000
Yearly expenses : ~$30,000 (Not including Mortgage PITI)
Gross income: Salary $180,000 + 20% Bonus paid twice yearly (Wife is a SAHM). 1 toddler.
Tax filing status: MFJ
Tax advantaged:
401k (Past employer): Empower retirement invested 100% in Vanguard Target Retire Trust Plus 2050: $163,015.12
401K (Present employer): Fidelity VINIX(70%), VIMAX(20%), VSMAX(10%): Total $36,804.40
My Roth IRA: $5,634 (VTSMX)
Wife's Roth IRA: $5,634 (VTSMX) [No IRA as we don't qualify due to high income. I just backdoor into roth. 2016 was my 1st year]
Taxable accounts:
Vanguard: VFIAX ($26,287.37), VTSAX($15,370). Invested in VFIAX but found VTSAX has a slight advantage. So left VFIAX as is and started investing in VTSAX.
Wealthfront: Invested $10,000 in 2015. Now it is $12,378.55. Risk Score: 7.0. Didn't want to liquidate due to taxes and have free credits via referrals.
No debts.
I want your opinion on my portfolio. Shall I continue with I am doing? Or do I adjust. If so, what should I do?
Thanks.