u/TDn6I

His value has definitely increased this offseason just from the departures of Wicks and Doubs. After his rookie year I thought he was in for big things in that Packers offense but after some inconsistencies during his sophomore season and his injuries in year 3, his value feels like its at an all time low.

How do we like him moving forward? The Packers have solid pass catching options in Kraft, Watson, Golden, and Reed but I think Reed is probably the third option, at best.

My wife (35) and I (39) have three young kids (5, 5, and 2) and are thinking that 5 more years is a good goal to FIRE and we have begun to prepare our portfolio for when that happens. Here is our current financial situation:

Combined salaries: $450K with total comp higher from bonuses/stock grants

Tax Bracket: 37%

Taxable brokerage: $2.5M (15% muni bonds)

401Ks: $800K

Roth IRAs: $500k

Mortgage: $450k at 2.3%

Because of some huge wins on growth stocks in our portfolio, about 65% of that $2.5M is in large cap growth equities. This is obviously a much heavier weighting than the market which sits at about 20% large growth. At this point we are looking to limit risk and aren't chasing the outsized returns. I have a small cap value fund I really like but am wondering if more large cap value weight is needed in our portfolio.

How have you all altered your portfolio as you shifted closer to FIRE?

My wife (35) and I (39) work for the same company that was recently acquired and we received a hefty payout with our unvested RSUs. This has put us in a position to FIRE much sooner than anticipated. We have three young kids (5, 5, and 2) and are thinking that 5 more years is a good goal.

I am curious how you all treat bonds in taxable brokerages when approaching FIRE. Bonds are obviously more normalized in tax advantage accounts but if those aren't accessible for a while, do you still hold bonds in taxable? Here is where we currently stand in our financial picture:

Combined salaries: $450K with total comp higher from bonuses/stock grants

Taxable brokerage: $2.5M ($1.2M currently in short term treasuries from recent acquisition)

401Ks: $800K

Roth IRAs: $500k

Mortgage: $400k at 2.3%

If we are still planning on working for 5 more years, I wouldn't think holding bonds right now is the smartest, as our tax bracket is already high and those distributions are taxed at ordinary income, but we also want a bit of protection.

How have you all handled situations like this?