Author Topic: Roth IRA & Retirement... could use suggestions.  (Read 407 times)

Diotima245

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Roth IRA & Retirement... could use suggestions.
« on: July 31, 2019, 04:59:29 AM »
So my ROTH IRA has been neglected for around 4 years as I had no income coming in after separating from the military. I'm trying to get it back on track and now that I'm working again I can think about investing in retirement.

Apart from my 401k as I said I have a 401k. I've begun liquidizing most of the "safe" or fixed income growth funds I had as it was anemic growth. Here is where I'm leaning towards let me know if this looks good? Before that some background on me. I am 37 years old, single, no student loans... I used the Post 9/11 GI bill after separating at 32 to obtain a engineering degree. I have steady income coming in now finally. That said I need to think about retirement because my current employer does not offer a pension plan. So I'll have roughly $50k~ once all my sell orders go through. My savings is sitting at around $90k~. My yearly income before taxes is $72k.

  • VTSAX - 70% - 35,000
  • VTIAX - 10% - 5,000
  • VBTLX - 10% - 5,000
  • VGSLX - 10% - 5,000

I really just want growth at this point.. does this plan look decent?

RWD

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Re: Roth IRA & Retirement... could use suggestions.
« Reply #1 on: July 31, 2019, 08:06:15 AM »
I have a very similar asset allocation (50% VTSAX / 25% VTIAX / 15% VBTLX / 10% VGSLX), which is roughly following the Rick Ferri Core Four portfolio.

One thing I will say is that you don't need to be overly controlling of your asset allocation on a per account basis. You only need to care about the overall picture: how your Roth IRA + 401k + any other accounts combined makes up your portfolio.

Diotima245

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Re: Roth IRA & Retirement... could use suggestions.
« Reply #2 on: July 31, 2019, 10:10:06 AM »
I have a very similar asset allocation (50% VTSAX / 25% VTIAX / 15% VBTLX / 10% VGSLX), which is roughly following the Rick Ferri Core Four portfolio.

One thing I will say is that you don't need to be overly controlling of your asset allocation on a per account basis. You only need to care about the overall picture: how your Roth IRA + 401k + any other accounts combined makes up your portfolio.

I'm glad. I'm also dumping a Dodge & Cox and distributing that in the same ratio I elaborated in original post. I have around $7800 in Annally Capital (NLV) but it is sitting at ($1800)~ in the hole... but the dividends are nice I guess? I'm thinking of holding onto it... I invested in all this random stuff out of sheer ignorance.