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Originally Posted by billchrz
1) 25% American Funds Grth Fund
25% American Funds EuroPacfic Grth
20% Schwab S&P 500 index
10% Royce Opportunity Inv
10% Goldman Sach Mid Cap Value
10% Company Stock
2) My tax return was $8500
3) Yes I itemize and deduct interest, property taxes, donations, and school payments
Again, I appreciate your help
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25% American Funds Grth Fund
20% Schwab S&P 500 index
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these are about the same type of investments. Is there a large value fund to choose from?
Is this 401k plan administered by Paychex? This looks similar to my wife's 401k...
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2) My tax return was $8500
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I would change your exemptions so you take home around another $500 per month. Take this money and immediatey fund a Roth for your wife. You will still get $2500 back from taxes, but more money will be working for you sooner.
I would add the $2500 each year to the anti pmi fund from tax return until PMI is removed. I give you 4 years of adding $2500, plus adding in 1/3 of cc payment before PMI is removed.