Originally Posted by
gringo
Great approach, just make sure you have some exposure in (at a minimum) bonds and international.
Believe it or not, Schwab has an equivalent Total Stock Market fund, for even less of an expense ratio than the VTSMX.
Equity Index Funds: Schwab Brokerage: Index Funds
Check out SWTSX. (.09%) ER.
Max out your 401k, take full advantage of the company match, and really watch your retirement account grow. You can only put $5500 into your Vanguard IRA- you can dump $17.5k annually into your 401k. With the match, on 4th or 5th year pay, you can conceivably double that to $35k a year... You can even keep the same strategy you're using over at Vanguard!
Pretty sure the vanguard fund he's talking is through the Schwab 401k plan.
Also I'm sure you know that the united, American, and delta narrow body captains are getting about $35k JUST FROM THE COMPANY without a match. That means while we are putting $17.5 into our 401k to get a match they are able to take their $17.5k to fund an IRA, invest in real estate, start a side business, blow on strippers etc.
Let's not even talk about the nearly two months pay they will be getting in profit sharing for this year. Not AA though.
Joey meatballs evil legacy twin is buying an M6 not a girl car like a Z4