Retirement Nestegg Report November 2017

Retirement Nestegg Report November 2017

Another all time high for my nestegg and I honestly don’t know what else to say as this is a broken record every month. Big numbers keep getting bigger. Big numbers are fun.

Taxable Account- $47,357.73 (+1.51%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $27,847.19 (+11.92%)
My Roth IRA – $190,958.18 (+3.56%)
Wife Roth IRA – $118,368.95(+0.87%)
Traditional 401k – $398,398.59 (+3.37%)

Roth/Traditional % = 36.56% (tax free)

Total Retirement Nest Egg $846,030.64 (+2.95%)
Retirement Salary (4%) $33,841

Monthly Contributions $1,873.92 (401k)
SP500 Performance +2.81%
My Monthly Investment Performance +2.72% (-0.09% vs SP500)
My Monthly Individual Stocks Performance +3.01% (+0.20% vs SP500)

Retirement Nestegg Report October 2017

Retirement Nestegg Report October 2017

Another month and another all-time high. Starting to sound like a broken record. My actual investment performance hasn’t been too hot the last few months, but I’ve still added $30,000 to my nestegg. I don’t anticipate the market to continue like it has, but I am currently 5 months ahead of the pace that I need to be to hit my $1M by age 40 goal

Taxable Account- $46,653.20 (-2.20%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $24,882.10 (+2.21%)
My Roth IRA – $184,403.31 (+3.98%)
Wife Roth IRA – $117,349.78(+1.15%)
Traditional 401k – $385,396.30 (+2.49%)

Roth/Traditional % = 36.46% (tax free)

Total Retirement Nest Egg $821,784.69 (+2.15%)
Retirement Salary (4%) $32,871

Monthly Contributions $1,873.92 (401k)
SP500 Performance +2.22%
My Monthly Investment Performance +1.91% (-0.31% vs SP500)
My Monthly Individual Stocks Performance +2.16% (-0.66% vs SP500)

Retirement Nestegg Report September 2017

Retirement Nestegg Report September 2017

Not a great month for my investing performance, but another all-time new high for my retirement nestegg report. As I mentioned in my last report my wife is now working so not only do we have two incomes but she also has some sort of teacher retirement account that I will have to add to this report at some point. I believe we only get to see it’s value like once a year and there is no way to view it online so maybe it will be easier to pretend it does not exist.

Taxable Account- $47,700.66 (-1.44%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $24,343.02 (+0.03%)
My Roth IRA – $177,349.89 (+0.24%)
Wife Roth IRA – $116,012.44(+0.39%)
Traditional 401k – $376,020.05 (+3.49%)

Roth/Traditional % = 36.46% (tax free)

Total Retirement Nest Egg $804,526.06 (0.75%)
Retirement Salary (4%) $31,666

Monthly Contributions $1686.53 (401k)
SP500 Performance +1.93%
My Monthly Investment Performance +1.41% (-0.52% vs SP500)
My Monthly Individual Stocks Performance +0.05% (-1.88% vs SP500)

Retirement Nestegg Report August 2017

Retirement Nestegg Report August 2017

Well a pretty boring month for my nestegg but a pretty exciting month for me overall. My family and I took a 2 week out West to see some national parks and the eclipse and it was a pretty amazing experience. It makes you appreciate time alone with your family away from all of the other distractions of daily life and makes you truly appreciate what is important in life. It also makes me want to reach financial independence like tomorrow so that spending time like that is not restricted to just one two week stretch during the year.

The other exciting thing that happened while were on vacation is that my wife was offered a teaching job and accepted. So she will be working as well this year which means the MFJ household will have two primary incomes for only the 2nd year in this journey which while ironically will cut into family time here in the short term may give us more options going forward to expedite the financial independence portion. I’d like to say I’d have enough guts to take some action as early as next summer as far as scaling back my working hours, but it’s a big leap of faith and I’ll likely need some encouragement if things line up the way I anticipate they might.

The hardest part as you get near that point of financial independence is having the courage to turn off the spigot of money that pours over you for simply going and sitting in an office for 40 hours a week / 12 months a year. Everything a FI aspiring person does leading up to that point is maximize earning potential, cut costs, and treating each dollar as something sacred and then all of a sudden this same person is supposed to essentially say no thanks you can keep that extra $50k or $100k a year I think I’m just going to spend more time doing stuff with my family.

It’s a tough mental hurdle to get over and often leads at least in my experience to people hanging onto that extra security and padding that nestegg longer than is necessary. In my case the most pressing issue is the age of my kids as they are growing up faster than I ever could have imagined and if I don’t take action soon it will be somewhat for nothing as having loads of freedom in my 40s & 50s won’t be anywhere near as productive as having free-time still in my 30s when I can use that time to spend with my kids. I also turned 38 this month so me speaking like I have a lot of time in my 30s is a prime example of how time flies.

I don’t think I’m quite to FI yet as our expenses have risen quite a bit with the new house and the growing age of our kids, but deep down I know I could probably easily cut my salary in half with my wife working and not needing to save for retirement anymore and still be just fine. So if I can cut my salary in half in theory I only need to work half the year which probably would be perfect right now, but unfortunately the logistics around working part-time don’t seem to be as easy in practice as they seem on paper – especially when dealing with an employer. We will see…

Taxable Account- $48,396.05 (+1.55%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $24,336.07 (-3.22%)
My Roth IRA – $176,919.71 (+0.24%)
Wife Roth IRA – $115,563.54(+3.26%)
Traditional 401k – $363,337.24 (+0.53%)

Roth/Traditional % = 36.95% (tax free)

Total Retirement Nest Egg $791,652.61 (0.75%)
Retirement Salary (4%) $31,666

Monthly Contributions $1,405.44 (401k)
SP500 Performance +0.05%
My Monthly Investment Performance +0.57% (+0.55% vs SP500)
My Monthly Individual Stocks Performance +1.11% (+1.06% vs SP500)

Retirement Nestegg Report July 2017

Retirement Nestegg Report July 2017

My retirement nestegg grew very modestly this month and my investments greatly under performed the market as a whole, especially my individual stocks. This will certainly happen as my portfolio has much more volatility than the market and so my downs are usually much worse than the market and my ups have historically been much greater than the market anyway. I feel like I have the right mindset and these swings do not bother me much. Having 6 figures removed from my nestegg would be a normal ebb and flow for me and does not matter in the long term horizon.

Taxable Account- $47,655.94 (-8.02%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $25,144.40 (-8.21%)
My Roth IRA – $176,500.64 (+0.52%)
Wife Roth IRA – $111,913.47(+0.05%)
Traditional 401k – $361,422.34 (+2.08%)

Roth/Traditional % = 36.67% (tax free)

Total Retirement Nest Egg $785,736.79 (0.24%)
Retirement Salary (4%) $31,429

Monthly Contributions $1,405.44 (401k)
SP500 Performance +1.93%
My Monthly Investment Performance +0.06% (-1.87% vs SP500)
My Monthly Individual Stocks Performance -1.48% (-3.41% vs SP500)

Retirement Nestegg Report June 2017

Retirement Nestegg Report June 2017

Well for the first time since last October my retirement nestegg didn’t grow for a month and my investments especially my individual stocks under performed the market for a month. This has been an incredible run and in the last 18 months my retirement nestegg has grown over $300,000 dollars which is just mind boggling. Obviously with having my nestegg invested 100% in the stock market there will be ups and downs and if I had to guess there will likely be some downs coming, but if you had asked me the same thing 18 months ago I would have told you the same thing. $300,000 plus later I’ve learned that trying to time the market is a fool’s errand so just sit back and enjoy the ride.

Taxable Account- $51,812.37 (+1.70%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $27,391.82 (-6.66%)
My Roth IRA – $175,580.24 (-2.99%)
Wife Roth IRA – $111,863.17 (-0.92%)
Traditional 401k – $354,075.54 (+1.84%)

Roth/Traditional % = 36.67% (tax free)

Total Retirement Nest Egg $783,823.14 (-0.15%)
Retirement Salary (4%) $31,353

Monthly Contributions $1,405.44 (401k)
SP500 Performance +0.48%
My Monthly Investment Performance -0.33% (-0.81% vs SP500)
My Monthly Individual Stocks Performance -2.02% (-2.50% vs SP500)

Interim Retirement Nestegg Report – I broke $800,000

Interim Retirement Nestegg Report – I broke $800,000

Well another 5 months and another $100,000 added to my retirement nestegg. To be honest I’m a little dumbfounded how fast my nestegg is growing and the best part is it is almost entirely by market gains with no effort on my part. In fact since I wrote our monthly report exactly one week ago my portfolio has added another $16,000. I’m not expecting it to continue but at this pace the double comma club isn’t to far off and I am well ahead of my projections to hit a $1M nestegg by age 40.

Taxable Account- $53,154.14
Private Stock $63,100
Traditional Rollover IRA – $29,903.60
My Roth IRA – $185,147.52
Wife Roth IRA – $116,792.26
Traditional 401k – $352,140.20

Roth/Traditional % = 37.73% (tax free)

Total Retirement Nest Egg $800,237.72
Retirement Salary (4%) $32,009

$100,000 NestEgg Milestones

Date DOW Jones Value MFJ Nestegg
Oct 2008 10,000 $ 69,300
Oct 2009 10,000 (+0%) $100,000 (+44%)
Feb 2012 13,000 (+30%) $200,000 (+100%)
Jul 2013 15,423 (+19%) $300,000 (+50%)
Feb 2014 16,395.88 (+6.3%) $400,000 (+33%)
April 2015 18,084.48 (+10.30%) $500,000 (+25%)
August 2016 18,636.05 (+3.05%) $600,000 (+20%)
January 2017 20,068.51 (+7.69%) $700,000 (+17%)
June 2017 $21,182.53 (+5.56%) $800,000 (+14%)