As the title says, I'm 32yo and very recently paid off all debt, including student loan debt. I'm somewhat "green" when it comes to strategizing retirement account types and tax advantages. Please provide insight to my plan:
Overall portfolio: minimum of 43% of gross income into investments
* 95% stocks (70% domestic + 25% international)
* 5% bonds
Distributions:
* Roth IRA: Contribute max ($7500 this year)
* 70% FXAIX, 30% FTIHX
* HSA: maxed at $4,400 (quarterly transfer from Health Equity to Fidelity HSA)
* 70% FXAIX, 30% FTIHX
* 403b: 28% of gross income (maxed at \~$24,500 this year) Guidestone
* 5% bonds, Rest in Guidestone's Sp500
* Taxable Brokerage at Fidelity (residual savings, may be minimal contributions)
* 70% FXAIX, 30% FTIHX
Questions:
Is 95% stocks alright given my age?
Should I put bonds in any other account?
I currently have most of my investments in my taxable account, since the flexibility was incredibly helpful while I went to grad school. I've been throwing \~$500/mo at IVV for the past few years. Would it be unwise to sell some IVV so that I can move that money to my Roth IRA? This would save me from taking \~$288 out of each paycheck. I'm hoping to get a house, so that extra \~$500 per month will really help pay the mortgage, but it would cost me capital gains while negating some degree of compound growth potential that was started in my late 20's.
Thank you in advance for reviewing!