What do you all think of this plan set forth by a Vanguard Personal Advisor? Since I will no longer be able to contribute to SEP-IRA with new job, they recommended a rollover IRA until I find out what 401k contribution plans are offered at the new job. Here is a summary:
GOAL: Retirement Accumulate $6,850,000 by 2036,
contributing $100,000 per year. This will allow you to spend approximately $180,000 annually,
including taxes, in today's dollar value.
Holdings by accountâ€
Taxable $240,000
Vanguard Total International Stock Index Fund Admiral Shares $62,400
Vanguard Total Stock Market Index Fund Admiral Shares $177,600
Rollover IRA (Recommended by Vanguard to Convert SEP-IRA into Rollover) $130,000
Vanguard Total Bond Market Index Fund Admiral Shares $51,800
Vanguard Total International Stock Index Fund Admiral Shares $56,000
Vanguard Total International Bond Index Fund Admiral Shares $22,200
GOAL: Retirement Accumulate $6,850,000 by 2036,
contributing $100,000 per year. This will allow you to spend approximately $180,000 annually,
including taxes, in today's dollar value.
Holdings by accountâ€
Taxable $240,000
Vanguard Total International Stock Index Fund Admiral Shares $62,400
Vanguard Total Stock Market Index Fund Admiral Shares $177,600
Rollover IRA (Recommended by Vanguard to Convert SEP-IRA into Rollover) $130,000
Vanguard Total Bond Market Index Fund Admiral Shares $51,800
Vanguard Total International Stock Index Fund Admiral Shares $56,000
Vanguard Total International Bond Index Fund Admiral Shares $22,200
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