My husband and I are in our 50s. Large-cap ETFs seem expensive. Does it make sense to add them to our retirement accounts?

Dear MarketWatch, My husband, 58, and I, 53, have reached our highest-earning years. We have refinanced to a 2.75% mortgage with a very low monthly mortgage payment of $485. We have been maxing my husband’s 403(b) and now his 457 (he recently changed jobs), maxing both of our Roth IRAs and putting another $9,200 in brokerage accounts — basically investing 55% to 60% of our income.

Besides the $370,000 mutual funds in my husband’s employment plans and another $47,000 in my traditional IRA in target-date funds, we have focused on growing dividend income in the brokerage accounts and both Roths. As a result, we are under-invested in large-caps. Currently, we have a total of $842,000 in retirement accounts, a $40,000 emergency fund, mortgage debt of $63,000, and we pay our credit-card bills in full every month.  Large-cap ETFs seem expensive, so does it make any sense to invest in them right now? See: I have about $3 million in pension and savings. Should I claim Social Security earlier than 70?Dear Reader, It’s so refreshing to hear how much of a focus you have on your retirement savings, and that you’re contributing, and even in some cases maxing out, your retirement accounts.  For those unaware, large-cap funds are focused on companies v …

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