Hello fellow investors and planners, I'm hoping to get any feedback on my proposed rebalancing plan. Right now I have vast majority of my money (approx $1M) in a Money Market account and I plan on rebalancing in the months to follow.
38M - overall NW \~ $3.7M. Living in VHCOL area. Kid under 1 year old and wife is making $200k+ annually.
I will likely be rolling my 401k (both trad and Roth) over to a rollover IRA as I recently left my job of 10 years.
Any recommendations to adjust %'s in any area?
* Giving consideration to lowering my Bond allocation to almost nothing and instead putting that money into SCHD or some dividend equivalent.
* 100% will be doing this in my tax advantaged account but still on fence for my non tax advantaged.
* Am I crazy to consider some level of FIRE at this point?
Here is my breakdown plan. Total: $1.917M
* Money Market: $300k
* Stocks: $564k
* Real Estate Investment: $200k (locked for 5-10 years)
* ETFs + Bonds: $500k
* Plan to split $200k Total US Market Fund / $150k International Equities Fund / $150k
* Roth IRA: $82k
* 401k: $234k
* Other: $37k