I am 43M, married, no kids, 37F spouse.
Wife can't be bothered with finances. Pretty much all my decisions. I want to make sure I don't make any mistakes, and if I pass away, want my wife to have a comfortable life. We are both in good health.
We reached a pretty big milestone - $2m net worth (including real estate).
- Cash assets - $29,781.62
- Various investments - $1,681,666.65
- Mortgage - (-$220,636.04)
- Real Estate (primary and rental) - $544,622.00
I am wondering if now would be a good time to consult a financial planner and make sure there are no blind spots.
My big concerns are these -
My entire portfolio is VTSAX and FXAIX. I went all Jim Colins. How can I structure my portfolio to be more diversified?
Review my insurance. Home, auto, health etc.
We are going through IVF. If our efforts work, I am going to be a dad in my 40s. Scary. How do I navigate this?
Take care of aging parents.
Those are just the big picture items. Any thoughts?