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Retirement Nestegg Report March 2018 (almost joined the 2 comma club)

Retirement Nestegg Report March 2018 (almost joined the 2 comma club)

Well as with February March was a very interesting and exciting month. I actually came within $1,000 of hitting a $1M nestegg during the month and ended up the month $74,000 lower that that intra-month high. We’ll see if I regret it or not, but I did have an opportunity to at least temporarily hit the double comma club by making a contribution during the month, but ultimately decided to see if I could hit it all natural and well that back fired 🙂

First off the growth of my nestegg and the outperformance of my investments to the market over the last 2 years or so has been rather astounding. My March 2016 nestegg report I was going bananas because I had a $46k monthly increase to jump my nestegg from $485k to $531k in a single month and now 2 years later my nestegg was within breathing distance of the mythical $1,000,000 barrier.

Now I also have to look at this growth and realize very quickly that it is not realistic and that even if my nestegg dropped by a few hundred thousand dollars I’m probably still doing quite well. Everyone looks like a genius when the market has been going up and well the market has been doing nothing but going straight up for the last decade so I should be very careful not get a false bravado about my financial and investing acumen. The law of averages will catch up and I’ll probably be looking back at this time with fond memories of the good old days.

The other piece that almost got put into action by me meeting my last financial goal is to start thinking about what is next for me. Because let’s be honest having a $1M retirement nestegg and a $999k nestegg for one day really doesn’t change much. I really need to start putting together the “what’s next” piece of this blog. I started this blog with a goal to save $100,000 for retirement by age 30 which I came very close to achieving. Then I transitioned to the $1M by age 40 goal which while still in progress I damn near achieved this month (I’m 38 by the way).

The last goal for this blog will be me spending much less time working for money and more time with my family and I really need to figure out what that means because right now that’s a really fluffy goal. Part of me thinks I could probably start this now and part of me thinks oh crap that’s really scary and dangerous. I need to spend some time fleshing out the scary and dangerous parts and try to see if I can remove some of the fear so hopefully I feel comfortable enough to pull the trigger on what has been the entire point of my financial journey.

Taxable Account- $47,605.61 (-11.04%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $28,837.41 (-3.91%)
My Roth IRA – $226,082.88 (-3.19%)
Wife Roth IRA – $139,244.41 (-4.42%)
Wife 401k – $3,776.69 (-1.78%)
Traditional 401k – $417,926.40 (+0.59%)

Roth/Traditional % = 39.43% (tax free)

Total Retirement Nest Egg $926,573.40 (-1.97%)
Retirement Salary (4%) $37,062

Monthly Contributions $8,573.23 (401k)
SP500 Performance -2.69%
My Monthly Investment Performance -2.87% (-0.18% vs SP500)
My Monthly Individual Stocks Performance -4.51% (-1.82% vs SP500)

Retirement Nestegg Report February 2018

Retirement Nestegg Report February 2018

Well as much as the end result for this month was not very impressive, what happened during the month was actually pretty impressive. At one point this month I was down just under $100,000 from my month end total at the end of last month and ended up only having my nestegg be down $2k.

The other impressive area was once again my individual stock performance which bested the market by over 6% after besting it by over 10% last month. My individual stocks are besting the market by over 17.5% YTD!

Taxable Account- $53,514.91 (-0.92%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $30,012.23 (+2.16%)
My Roth IRA – $233,525.80 (+2.60%)
Wife Roth IRA – $145,684.13 (+3.25%)
Wife 401k – $3,844.99 (-3.73%)
Traditional 401k – $415,460.29 (-2.99%)

Roth/Traditional % = 40.12% (tax free)

Total Retirement Nest Egg $945,142.35 (-0.24%)
Retirement Salary (4%) $37,805

Monthly Contributions $1,873.92 (401k)
SP500 Performance -3.89%
My Monthly Investment Performance -0.24% (+3.65% vs SP500)
My Monthly Individual Stocks Performance +2.36% (+6.25% vs SP500)

Retirement Nestegg Report January 2018 (+$89,900)

Retirement Nestegg Report January 2018 (+$89,900)

Holy cow. What a month. I am not even sure how this makes sense. At one point this month my nestegg was up over $100,000 and ended the month up just under $90,000. The market was up 5.62% this month, but my nestegg grew by almost 10.5% and my stock investments returned 16.17% beating the insanely large market returns by over 10.5%. I honestly would be pretty happy to thrilled if this was my report at the end of 2018 and the fact that I am writing it after just one month sort of blows my mind.

All this being said percentage wise this wasn’t even my best month in history as I had an ever bigger month in September 2010 with my nestegg growing by over 12%. The difference is back then 12% netted me $16k and not $90k. Big numbers get bigger. Apart from a highly probable implosion in the market it looks like I am way ahead of schedule to hit my $1M by age 40 goal – in fact 15 months ahead of schedule. Even with rather minimal contributions this year I only need my investments to grow by about 2.4% to hit the double comma club with my nestegg. This would then complete my only active goal for this blog and force me to write and plan for the last and remaining step in my financial journey.

Taxable Account- $54,007.95 (+12.34%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $29,377.70 (+3.29%)
My Roth IRA – $227,599.05 (+17.95%)
Wife Roth IRA – $141,101.32 (+17.90%)
Wife 401k – $3,994.06 (+0.00%)
Traditional 401k – $428,264.20 (+5.67%)

Roth/Traditional % = 39.08% (tax free)

Total Retirement Nest Egg $947,444.28 (+10.48%)
Retirement Salary (4%) $37,738

Monthly Contributions $1,873.92 (401k)
SP500 Performance +5.62%
My Monthly Investment Performance +9.80% (+4.18% vs SP500)
My Monthly Individual Stocks Performance +16.17% (+10.55% vs SP500)

Interim Retirement Nestegg Report – I broke $900,000

Interim Retirement Nestegg Report – I broke $900,000

The run continues – another 100k milestone just 7 months after my last milestone and what’s even crazier to me is that my nestegg has increased in value more than $43,000 in just 8 trading days in 2018 with no contributions! The next milestone will be kind of a special one as I will officially reach the double comma club and at current trend/pace will potentially reach it quite a bit ahead of my original planned schedule of getting there before age 40.

Taxable Account- $52,395.00
Private Stock $63,100
Traditional Rollover IRA – $29,326.93
My Roth IRA – $208,716.50
Wife Roth IRA – $129,780.78
Traditional 401k – $416,691.54

Roth/Traditional % = 37.61% (tax free)

Total Retirement Nest Egg $900,010.75
Retirement Salary (4%) $36,000

$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%)
January 2018 $25,484.72(+20.31%) $900,000 (+12.5%)
Retirement Nestegg Report December 2017

Retirement Nestegg Report December 2017

Well 2017 sure was a banner year for my nestegg. It grew by over $187,000 this year and $156,000 of that were investment gains. It is very likely my portfolio brought in more wealth than our day to day jobs this year despite our incomes being at an all-time high as well.

It was another banner year for the stock market and my investments outperformed the market which led to these outsized returns. This was nice given my relative underperformance in 2016.

On area that was disappointing was my retirement contributions were significantly lower than the previous 3 years despite having the highest income we’ve ever had by a significant margin. Basically we’ve been spending like drunken sailors on our new house and our savings our savings rate has plummeted. Looking at plans for 2018 this might be in for more of the same as there are a number of large projects on the docket. Basically we’ve put off financial independence to work for this monstrocity of a house of ours which kind of stinks.

That being said my portfolio is large enough to provide over $34,000 in additional income forever. Also if my wife continues to work I will actually look at pulling back from working 100% as soon as this year to ideally not work during the summer months. Basically while maybe not the smartest move – the need to save for retirement is not nearly as high as it used to be and in theory I can afford to live the drunken sailor life, reduce my income by not working 100%, and still be setup very well for financial independence in a few years.

One other random item of note is my wife is now working and has contributed and been matches a chunk of money in her retirement account so she probably has $3k or more in there, but I have no way to look up her retirement account and she has yet to get access to her pay stubs through work so that is something I have either figure out how to track or just forget about and have it be a small surprise some day.

Overall despite my attempts to shoot myself in the foot – 2017 was a pretty amazing year financially.

Taxable Account- $48,074.83 (+1.51%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $28,443.45 (+2.14%)
My Roth IRA – $192,960.86 (+1.05%)
Wife Roth IRA – $119,683.98 (+1.11%)
Traditional 401k – $405,281.49 (+1.73%)

Roth/Traditional % = 36.46% (tax free)

Total Retirement Nest Egg $857,544.61 (+1.36%)
Retirement Salary (4%) $34,302

Monthly Contributions $2,754.29 (401k)
SP500 Performance +0.98%
My Monthly Investment Performance +1.04% (+0.06% vs SP500)
My Monthly Individual Stocks Performance +1.20% (+0.22% vs SP500)

My retirement contributions for 2017 $30,084.84
401k $18,000.00
401k matching $12,787.56
My Roth IRA $0
Wife Roth IRA $0
Taxable Account $0
Wife Retirement Account ??

SP500 Performance for 2017 +18.42%
Investment Performance for 2017 +23.31% (+4.89% vs SP500)
Individual Stock Performance for 2017 +27.49% (-14.11% vs SP500)
Total Investment Return 2017 +$156,291.84

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)