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[quote=Anonymous][quote=Anonymous]It’s so easy to do on your own.  Why have a planner - just keep it extremely simple.

Keep 1 year expenses in high yield savings
Max 2 401ks.  85/10/5 S&P/Int/Bonds
Max 2 back door Roth’s - 100% S&P
Max Family HSA - 100% S&P
Allocate desired amount to 529s: 100% S&P
Rest in VTSAX taxable at Vanguard.

Maybe try some loss harvesting but probably not the absolute most necessary thing. Get a decent accountant.[/quote]

So you're almost all in S&P 500 or large cap US market.

S&P 500 has returned 8.63% YTD. VTSAX has returned 7.49% YTD.

Our portfolio has returned 10.36% YTD, and that's using an advisor. We're diversified so it's not only US, but also international markets (large cap, small cap, emerging) and also a bit in focused sectors like reinsurance, real estate, etc but never more than 2%. Then there's some bonds in there too, a mix of corporate, TIPS, and international bonds. Then tax loss harvesting is at about $10k so far this year.

But here's where it gets interesting. We also keep a chunk with a robo-advisor. That one we have configured high-risk (including up to 10% crypto). That's up 13.73% (including $37k in tax loss harvesting). That's 50% US stocks, 18% foreign devleoped markets, 15% emerging markets, 10% crypto, 3% US bonds, 3% foreign bonds.

I'm not saying an advisor is the best option -- it really depends on your circumstances -- but the "We'll just do it ourself and put it into a US index fund" is not necessarily the best strategy. You're missing out on returns by not sufficienctly diversifying.[/quote]

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