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Retirement Nestegg Report November 2018

Retirement Nestegg Report November 2018

Nothing too exciting this month other than getting the other comma back.

Taxable Account- $59,408.30 (+4.79%)
Private Stock $66,900 (+0.00%)
Traditional Rollover IRA – $34,152.12 (+8.72%)
My Roth IRA – $247,004.26 (+2.36%)
Wife Roth IRA – $153,971.98 (-0.61%)
Wife 401k – $3,990.60 (+2.01%)
Traditional 401k – $450,300.67 (+2.81%)

Roth/Traditional % = 39.48% (tax free)

Total Retirement Nest Egg $1,015,727.93(+2.28%)
Retirement Salary (4%) $40,629

Monthly Contributions $2,097.08 (401k)
SP500 Performance +1.79%
My Monthly Investment Performance +2.06% (+0.27% vs SP500)
My Monthly Individual Stocks Performance +2.11% (+0.32% vs SP500)

Retirement Nestegg Report October 2018

Retirement Nestegg Report October 2018

Well my nestegg fell about $60,000 this month, but my investments outperformed the market. While it was a pretty big drop for the SP500 of almost 7% and my nestegg fell over 5.5% this is really nothing but a normal fluctuation. I believe at one point this month I was down over $100,000 and it feels pretty good to be able to lose $100k in a single month on paper and not really bat an eye. My goal some day is to lose $1 million dollars in portfolio value.

Taxable Account- $56,692.05 (+7.20%)
Private Stock $66,900 (+0.00%)
Traditional Rollover IRA – $31,413.10 (-6.39%)
My Roth IRA – $241,314.77 (-4.68%)
Wife Roth IRA – $154,920.94 (-7.39%)
Wife 401k – $3,912.04 (-6.87%)
Traditional 401k – $437,978.42 (-7.81%)

Roth/Traditional % = 39.90% (tax free)

Total Retirement Nest Egg $993,131.32(-5.69%)
Retirement Salary (4%) $39,725

Monthly Contributions $1463.08 (401k)
SP500 Performance -6.94%
My Monthly Investment Performance -5.83% (+1.11% vs SP500)
My Monthly Individual Stocks Performance -4.45% (+2.49% vs SP500)

Retirement Nestegg Report September 2018

Retirement Nestegg Report September 2018

Well not a great month for my nestegg as it fell over 2%. Most of this was driven by the large drop in Tesla stock on the last day of the month.

In other news news I approached my employer about not working in the summers this month and will be waiting to hear their response. To be honest I’m not optimistic they will agree to my terms but I want to get this rolling well ahead of time as I plan on not working next summer regardless of what my employer responds with and may need to come up with a plan B.

Taxable Account- $52,882.44 (-4.15%)
Private Stock $66,900 (+0.00%)
Traditional Rollover IRA – $33,556.22 (-2.87%)
My Roth IRA – $253,172.18 (-5.74%)
Wife Roth IRA – $167,284.24 (-2.86%)
Wife 401k – $4,200.45 (+0.54%)
Traditional 401k – $475,084.28 (+0.19%)

Roth/Traditional % = 41.69% (tax free)

Total Retirement Nest Egg $1,053,079.81(-2.11%)
Retirement Salary (4%) $42,123

Monthly Contributions $1463.08 (401k)
SP500 Performance +0.43%
My Monthly Investment Performance -2.25% (-2.68 % vs SP500)
My Monthly Individual Stocks Performance -4.46% (-4.89% vs SP500)

Retirement Nestegg Report July 2018

Retirement Nestegg Report July 2018

Well the odds caught up with me a month and my stocks seriously underperformed the market – almost by 10%. That being said year to date the market is up 5.33% and my nestegg has returned 15.09% and my individual stocks have returned 24.95% so not all is lost.

As I get closer to financial independence though I need to take a serious look at my allocation and see if the risk is worth the reward. So far it has been over the last 10+ years, but I also probably don’t have a clear picture of the risk I am taking on to get that reward.

Taxable Account- $53,042.38 (-7.78%)
Private Stock $66,900 (+0.00%)
Traditional Rollover IRA – $29,702.26 (-3.40%)
My Roth IRA – $246,897.87 (-5.26%)
Wife Roth IRA – $156,626.27 (-7.03%)
Wife 401k – $4,069.45 (+4.25%)
Traditional 401k – $458,743.47 (+3.85%)

Roth/Traditional % = 41.69% (tax free)

Total Retirement Nest Egg $1,015,981.70(-1.41%)
Retirement Salary (4%) $40,639

Monthly Contributions $1463.08 (401k)
SP500 Performance +3.60%
My Monthly Investment Performance -1.55% (-5.15 % vs SP500)
My Monthly Individual Stocks Performance -6.11% (-9.71% vs SP500)

Retirement Nestegg Report June 2018

Retirement Nestegg Report June 2018

Well the first time I finished a month in 7 figures and another great month for my individual stock portfolio which is now beating the SP500 by over 30% in the first 6 months of the year and carrying my nestegg to new heights. Fun to have that extra comma back in the month’s report.

Taxable Account- $57,596.45 (+10.06%)
Private Stock $66,900 (+0.00%)
Traditional Rollover IRA – $30,747.16 (+3.46%)
My Roth IRA – $260,607.33 (+5.49%)
Wife Roth IRA – $168,960.37 (+7.54%)
Wife 401k – $3,903.56 (-0.01%)
Traditional 401k – $441,745.38 (-0.10%)

Roth/Traditional % = 41.69% (tax free)

Total Retirement Nest Egg $1,030,460.25 (+3.13%)
Retirement Salary (4%) $41,218

Monthly Contributions $2,194.62 (401k)
SP500 Performance +0.48%
My Monthly Investment Performance +2.91% (+1.43% vs SP500)
My Monthly Individual Stocks Performance +6.52% (+6.04% vs SP500)

Retirement Nestegg Report May 2018

Retirement Nestegg Report May 2018

Well only 1 day in the double comma club, but it still felt good. Overall another strong month for my retirement nestegg growing $40k during the month and reaching 7 figures for the first time ever. Overall my nestegg investment performance is outpacing the SP500 by over 12% points led by my individual stock performance besting the market by over 23%. Big numbers get bigger and strong investment performance throws gas on the fire.

Taxable Account- $52,333.03 (+2.25%)
Private Stock $66,900 (+6.02%)
Traditional Rollover IRA – $29,718.48 (+0.56%)
My Roth IRA – $247,045.91 (+3.56%)
Wife Roth IRA – $157,120.33 (+5.48%)
Wife 401k – $3,906.27 (+3.07%)
Traditional 401k – $442,199.28 (+4.15%)

Roth/Traditional % = 40.45% (tax free)

Total Retirement Nest Egg $999,223.30 (+4.10%)
Retirement Salary (4%) $39,968

Monthly Contributions $1,511.85(401k)
SP500 Performance +2.16%
My Monthly Investment Performance +3.94% (+1.78% vs SP500)
My Monthly Individual Stocks Performance +3.81% (+1.65% vs SP500)

Welcome to the two comma club

Welcome to the two comma club

Well today was a special day for me and my now 12 year old blog. I officially joined the double comma club and achieved another goal set forth on this blog. My $1,000,000 retirement nestegg by age 40 goal. I really thought was a bit of a stretch, but turns out I’ve had stellar returns and actually achieved this goal at the age of 38.

A couple of things stand out for me with this accomplishment. First I added $100,000 to my nestegg in less than 5 months which is the quickest I’ve added $100k. Makes total sense and with the power of compounding these 100k milestones will come quicker and quicker to the point where I will add $100k in a month eventually.

I actually added $100k while the market was down over 3% since my last milestone. My individual stocks have performed very well and have allowed me to best the market over the last 12+ years. I actually would not advise most people to own individual stocks or at least not a significant portion of their portfolio. I have questioned myself whether or not owning individual stocks was worth the effort and risk, but thanks to this blog and some tracking I’ve been able to see that somehow I did a pretty good job picking and managing my individual stocks. That being said I still have nearly half of my portfolio in vanguard index funds in our 401k accounts and that percentage will likely increase over time.

Writing your goals down has a very powerful affect. I started this blog very much for me so that I could look back at my thinking over time and learn from it. I also wanted to set out a vision for what my future would look like financially. This has actually been invaluable to me and I don’t think I would be where I am today without this blog. I also knew deep down that the path I had laid out in my youth was going to result in me becoming wealthy down the road and I wanted to have a good documentation of how I got there. I got there slowly over time through common sense saving and investing that anyone can do. It won’t come quickly and there were short term ups and downs, but in the grand scheme of things it actually was not that hard and anyone can do it given enough time. 12 years seems like an eternity when you are in your early 20s, but looking back from my late 30s the path from $0 to $1,000,000 went pretty darn quick.

I started this blog the year my oldest son was born. He just turned 13 this week, the same week that my nestegg got an extra comma. Life goes so fast and I want to do my best to enjoy it. My Financial Journey was a tool I used to put myself in a situation where I could enjoy life and have more freedom than I would if I took the standard approach to finance.

So what do I do now that I’m a millionaire? I’m not exactly sure, but I do know I have a lot more options having a 7 figure pile of F-you money. In theory I could tap $40k per year out of it and never run out of money (4% rule). I could do nothing and leave it invested and have roughly $3M by age 50, $8M by 60, $13M at age 65, etc.

The final goal in my financial journey will probably fall somewhere in between those two scenarios. I have 5 young kids who are growing up faster than I could have ever imagined and the whole point of all of this was to give me the freedom to spend more time with my family. I now need to spend some time to lay the groundwork for what this looks like and put some tangible plans in place for making this happen. Bottom line our retirement is secure and now I just need to figure out how much my wife and I need to work going forward to meet our short term expenses while our nestegg grows to some larger number that makes working entirely optional.

Cheers!
MFJ

Taxable Account- $53,234.73
Private Stock $66,900
Traditional Rollover IRA – $29,822.55
My Roth IRA – $248,902.12
Wife Roth IRA – $158,073.85
Wife 401k – $3,905.71
Traditional 401k – $442,491.91

Roth/Traditional % = 40.68% (tax free)

Total Retirement Nest Egg $1,003,330.87
Retirement Salary (4%) $40,133

$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%)
May 2018 $24,667.78(-3.21%) $1,000,000 (+11.1%)