Chubby net worth, advice as we approach retirement in 4-16 months
M59, wife 61. Husband retired, wife plans to retire in 4 months or grind out one more year and collect more stock options/RSUs.
We have a 401k balance of 4.3 million. Additional 1.4 million in brokerage. Also have 1.5 million in company stock in an account we plan to leave to our kids. Have $150k set aside in cash reserves.
No debt, houses paid off, no cc debt, no auto loans etc . Monthly run rate is 11-12k .
Kids are grown, college fully paid for and completed.
We do not use a financial advisor of any sort.
We are trying to figure out how to rebalance our 401k for retirement and figure out what to do with the 1.4 in brokerage .
Trying to stick to the 4% rule roughly for annual spend. We will probably spend more on travel in the next 10 years than we normally do.
Any suggestions on 401k allocation? Specific funds we should be looking at to get a balanced portfolio?