- 58 should be no problem for retirement, I’d guess you could retire in an mcola by the time you’re 50.
- your initial placement of assets was influenced by prevailing low interest rates, i’d suggest purchasing bonds in your retirement accounts going forward: https://www.bogleheads.org/wiki/Tax-eff ... _placement.
- as you get closer to retirement you may want to choose a more conservative asset allocation. I generally liked 100-age in bonds.
- the problem with owning a lot of company stock is that a) it’s not diversified and b, if your company experiences a downturn, you may lose your job at the same time the stock loses a lot of value.
- you could use US treasuries instead of the money market fund to avoid nj taxes.
Great job, good luck!
- your initial placement of assets was influenced by prevailing low interest rates, i’d suggest purchasing bonds in your retirement accounts going forward: https://www.bogleheads.org/wiki/Tax-eff ... _placement.
- as you get closer to retirement you may want to choose a more conservative asset allocation. I generally liked 100-age in bonds.
- the problem with owning a lot of company stock is that a) it’s not diversified and b, if your company experiences a downturn, you may lose your job at the same time the stock loses a lot of value.
- you could use US treasuries instead of the money market fund to avoid nj taxes.
Great job, good luck!
Statistics: Posted by gips — Thu Mar 13, 2025 5:22 am — Replies 45 — Views 8587