I am a new attending making $350,000/yr with a goal of investing 20% of my income.
My desired asset allocation is 50% US stocks (with a small value tilt), 30% international stocks (with an emerging markets tilt), 10% REIT, and 10% Bonds.
The retirement investment accounts I have available to me are employer 401k and 457b (both through Fidelity) which I will max out first. I also intend to fully contribute to a backdoor Roth IRA and HSA, then utilize a private investing account for the remainder.
I have not yet set up the Roth, HSA, or private accounts but I am leaning towards utilizing Fidelity as well to keep things simple.
Here are the list of index funds and ETF’s available through my Fidelity BrokerageLink 401k and 457b accounts, which compare fairly to Vanguard equivalents.
https://www.fidelity.com/mutual-funds/investing-ideas/index-funds
Here are my two questions:
1- Do these look like appropriately selected funds to achieve my desired asset allocation?
US Stocks (50%)
Total Market Index Premium (FSTVX) 35%
Small Cap Index Premium (FSSVX) 15% - unfortunately the small value index fund through Fidelity has been closed
International (30%)
Total Index Premium (FTIPX) 20%
Emerging Market Index Premium (FPMAX) 10%
REIT (10%)
Real Estate Index Premium (FSRVX) 10%
Bonds (10%)
US Bond Index Premium (FSITX) 10%
2 – What is the best way to distribute these funds among the accounts I have available to me considering their respective tax-efficiencies?
Thanks in advance.
My desired asset allocation is 50% US stocks (with a small value tilt), 30% international stocks (with an emerging markets tilt), 10% REIT, and 10% Bonds.
The retirement investment accounts I have available to me are employer 401k and 457b (both through Fidelity) which I will max out first. I also intend to fully contribute to a backdoor Roth IRA and HSA, then utilize a private investing account for the remainder.
I have not yet set up the Roth, HSA, or private accounts but I am leaning towards utilizing Fidelity as well to keep things simple.
Here are the list of index funds and ETF’s available through my Fidelity BrokerageLink 401k and 457b accounts, which compare fairly to Vanguard equivalents.
https://www.fidelity.com/mutual-funds/investing-ideas/index-funds
Here are my two questions:
1- Do these look like appropriately selected funds to achieve my desired asset allocation?
US Stocks (50%)
Total Market Index Premium (FSTVX) 35%
Small Cap Index Premium (FSSVX) 15% - unfortunately the small value index fund through Fidelity has been closed
International (30%)
Total Index Premium (FTIPX) 20%
Emerging Market Index Premium (FPMAX) 10%
REIT (10%)
Real Estate Index Premium (FSRVX) 10%
Bonds (10%)
US Bond Index Premium (FSITX) 10%
2 – What is the best way to distribute these funds among the accounts I have available to me considering their respective tax-efficiencies?
Thanks in advance.
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