I recently inherited roughly $2 million dollars. I currently have about $400k in retirement accounts including my workplace 401k, backdoor roth, HSA, and taxable account. I have allocated 75% in stocks(small, large cap, bit of a value tilt, international funds) 5% REITS, 20% in bonds (intermediate treasuries, TIPS, and municipal funds). All of this money is going into a taxable account as I max out my retirement accounts through work income alone each year. I would like to keep this allocation however in order to do so I would likely have to put some of the least tax advantage funds like small cap, REITS, and treasuries into the tax account. My taxable account through Vangaurd now is made up of Total stock fund, total international stock fund, intermediate term tax exempt municipal fund, and Value index fund.
I've considered loading up these 4 funds vs ignoring the tax disadvantages of some funds but keeping my allocation the way I like.
I'm 34 so plan on working for quite some time, paid off my student loans, and working on paying down a mortgage. And I have no kids yet. I know this is a good problem to have! Curious as to what others would do.
I've considered loading up these 4 funds vs ignoring the tax disadvantages of some funds but keeping my allocation the way I like.
I'm 34 so plan on working for quite some time, paid off my student loans, and working on paying down a mortgage. And I have no kids yet. I know this is a good problem to have! Curious as to what others would do.
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