Backdoor Roth IRA: A How-To Guide

…get started. My favorite platform is Vanguard, and it’s what I recommend. Each step below tells you what to do and how to make a Vanguard Backdoor Roth IRA contribution….

Target Date Funds Are Great

…at places like: Vanguard (Target Retirement Funds) Schwab (Target Funds) Fidelity (Freedom Funds) TIAA-Cref (LifeCycle Funds) Vanguard target retirement fund 2060 (VTTSX) Let’s look at the Vanguard Target Retirement Fund…

The Core Assets for Any Portfolio

…price of products sold and an increase in the value of assets owned. Example funds for this asset class: Vanguard Total Stock Market Index Fund (VTSAX) Fidelity Total Market Index…

The Disadvantages of Index Funds

…(the average fee of an Admiral class Vanguard fund) and a 0.27% fund (the average fee of an Investor class Vanguard fund) warrants attention. A 13 basis point spread, when…

The Biglaw Investor Portfolio

…Stocks and the Bond Market. You can achieve this with the following three Vanguard Funds: Vanguard Total Stock Market Index Fund (VTSMX) Vanguard Total International Stock Index Fund (VGTSX) Vanguard

How to Become a 401(k) Millionaire

…is a paltry $43,467. Lawyers should be aiming much higher. Source: Vanguard 2017 How America Saves If you’re curious how the wealthy are performing, Vanguard also breaks down retirement accounts…

The Asset Allocation of Index Funds

…index fund. What do I mean? Let’s say you own the Vanguard 500 Index Fund which tracks the 500 largest companies in the United States (i.e. the S&P 500). That’s…

Case Study: Reader Portfolio Review

…specific funds in what’s known as the three-fund portfolio: Vanguard Total Stock Market Index Fund (VTSMX) Vanguard Total International Stock Index Fund (VGTSX) Vanguard Total Bond Market Fund (VBMFX) You’ll…

Save more money than your friends

One email each week covers personal finance, financial independence, investing and other stuff for lawyers that makes you better.