You should rewrite your IPS, with a chapter on the history of what you did 18-40 to get you here. From this updated IPS is where you arrive at either a new or same asset allocation, among other things.
We were like you; we put all in to the Vanguard 2035 (I am 16 years older than you) and just worked and raised our family. At a crossroads in 2014 because we didn't know if they girls would go to private college and graduate school, which would be a $75,000/yr/daughter x 6 years (undergrad and grad school), rounded up to $1 million extra!
When DH died in 2022, I came to Bogleheads and did the IPS but now I have exhibits and attachments to it. I remember in the last 2 days of his life I was still thinking it was too bad we didn't fund his traditional IRA - I had just found Bogleheads while he was in hospice and I still had not really run the numbers to understand my RMD tax bomb problem! The main part of my portfolio is very Boglehead, but everyone is going to have outlier areas for all sorts of reasons.
Your IPS may not make sense to anyone else but you. That's why it's an Individual and not Collective Boglehead portfolio statement.
I commend you on your progress from 20-40.
Seems you need a statement taking you from 40-100, with intermediate step at 50.
We were like you; we put all in to the Vanguard 2035 (I am 16 years older than you) and just worked and raised our family. At a crossroads in 2014 because we didn't know if they girls would go to private college and graduate school, which would be a $75,000/yr/daughter x 6 years (undergrad and grad school), rounded up to $1 million extra!
When DH died in 2022, I came to Bogleheads and did the IPS but now I have exhibits and attachments to it. I remember in the last 2 days of his life I was still thinking it was too bad we didn't fund his traditional IRA - I had just found Bogleheads while he was in hospice and I still had not really run the numbers to understand my RMD tax bomb problem! The main part of my portfolio is very Boglehead, but everyone is going to have outlier areas for all sorts of reasons.
Your IPS may not make sense to anyone else but you. That's why it's an Individual and not Collective Boglehead portfolio statement.
I commend you on your progress from 20-40.
Seems you need a statement taking you from 40-100, with intermediate step at 50.
Statistics: Posted by HCopter — Fri Nov 29, 2024 8:12 am — Replies 30 — Views 2330