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Category: Financial Reports

Retirement Nestegg Report October 2016

Retirement Nestegg Report October 2016

Taxable Account- $41,179.18 (-5.75%)
Private Stock $60,000 (+0.00%)
Traditional Rollover IRA – $28,325.27 (-8.74%)
My Roth IRA – $145,046.18 (-1.68%)
Wife Roth IRA – $82,327.47 (+0.89%)
Traditional 401k – $282,527.68 (-2.24%)

Roth/Traditional % = 35.43% (tax free)

Total Retirement Nest Egg $639,405.78(-2.06%)
Retirement Salary (4%) – $25,576

Monthly Contributions $1,371.16 (401k)
SP500 Performance -1.94%
My Monthly Investment Performance -2.27% (-0.33% vs SP500)
My Monthly Individual Stocks Performance -2.30% (-0.36% vs SP500)

Retirement Nestegg Report September 2016

Retirement Nestegg Report September 2016

Taxable Account- $43,689.79 (-3.71%)
Private Stock $60,000 (+0.00%)
Traditional Rollover IRA – $31,038.00 (-3.99%)
My Roth IRA – $147,529.06 (-1.26%)
Wife Roth IRA – $81,598.29 (-1.29%)
Traditional 401k – $288,999.95 (+1.31%)

Roth/Traditional % = 35.43% (tax free)

Total Retirement Nest Egg $652,855.09(-0.33%)
Retirement Salary (4%) – $26,114

Monthly Contributions $1,371.16 (401k)
SP500 Performance -0.12%
My Monthly Investment Performance -0.54% (-0.42% vs SP500)
My Monthly Individual Stocks Performance -1.91% (-1.79% vs SP500)

Retirement Nestegg Report August 2016

Retirement Nestegg Report August 2016

Well another all-time high for my retirement nestegg and some slight out-performance by my investments. I also broke through the $600,000 mark in the middle of last month

One thing new this month is that I have finally decided to include some private stock that I own in my retirement nestegg report. Historically I have not included this for a number of reasons. First it is not a very liquid asset where I can get an updated value each month – I really only get value on it once a year at the annual stockholders meeting when I get word of recent stock transactions and the book value of the bank. It also historically was a decent chunk of my portfolio so it would have skewed my investing returns – now it is less than 10% so it would not have a very big affect on calculating my performance.

The other reason I have not included it historically is because it was a gift from my father who initially put the $10,000 into starting the bank when I was a freshman in high school and put it in my name. Part of the reason I started this blog was that I knew this journey was going to end up with be accumulating a 7 figure nestegg and I wanted to document how straightforward and simple it is to do and that anyone can do it. Not everyone is getting a $10,000 gift from their parents in high school as an investment so I didn’t want that to detract from the overall success my nestegg would have over the years so I have just pretended it didn’t exist.

That being said I am spending more and more time working out the math for when I feel I am financially independent enough to stop working and this asset will likely be a part of that equation so I have now included it as I believe the focus of this blog will change from counting up how big my nestegg has grown to counting down to the point where my nestegg can provide for all of the living expenses I and my family will need the rest of my life.

Taxable Account- $45,373.53 (-3.57%)
Private Stock $60,000 (+0.00%)
Traditional Rollover IRA – $32,328.93 (-0.34%)
My Roth IRA – $149,409.43 (+1.79%)
Wife Roth IRA – $82,656.91 (-0.92%)
Traditional 401k – $285,250.99 (+1.16%)

Roth/Traditional % = 35.43% (tax free)

Total Retirement Nest Egg $655,019.79(+10.71%)
Retirement Salary (4%) – $26,200.79

Monthly Contributions $1,371.16 (401k) $60,000 (private stock inclusion)
SP500 Performance -0.12%
My Monthly Investment Performance +0.36% (+0.48% vs SP500)
My Monthly Individual Stocks Performance +0.03% (+0.15% vs SP500)

Interim Retirement Nestegg Report – I broke $600,000

Interim Retirement Nestegg Report – I broke $600,000

Today I officially broke through the $600,000 barrier for the first time in my life. It actually took me 16 months to add another $100k onto my retirement nestegg which is longer than it took me to go from 400k to 500k and 300k to 400k, which is not exactly how this compounding this is supposed to work. That being said the market has only gained 3-4% while my nestegg has increased 20% in the same time.

This would be all great news, but the vast majority of those gains were not from investment outperformance, but from my contributions as I’ve contributed almost $85k during this period of time. So the good news is I have been able to greatly pick up my contributions in the last 16 months and the good new is that even in a flattish market my nestegg continues to grow and is supercharged waiting for the next uplift of the market to greatly increase the frequencies of these types of posts.

Taxable Account – $46,743.60
Traditional Rollover IRA – $33,088.57
My Roth IRA – $149,981.23
Wife Roth IRA – $84,937.29
Traditional 401k – $286,484.24

Total Retirement Nestegg – $601,234.93

$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%)
Retirement Nestegg Report – July 2016

Retirement Nestegg Report – July 2016

Another all-time high for my nestegg and some out performance by my investments of the SP500 index. Overall a good month and I’m getting close to another milestone as I approach the $600k mark – which honestly is taking longer than I had anticipated. Overall my investments have not been doing that hot this year so I’m hoping that as things turn around I’ll bust through 600 and hopefully 700 in the relatively near future. Roughly a 15% increase without any contributions results in about 100k of returns. With my contributions going forward I should expect to be breaking through new 100k barries at least once a year going forward and then likely a couple times a year. Got to love compounding.

Taxable Account- $47,051.91 (+5.48%)
Traditional Rollover IRA – $32,438.03 (+9.65%)
My Roth IRA – $146,776.00 (+5.10%)
Wife Roth IRA – $83,420.31 (+2.78%)
Traditional 401k – $281,979.93 (+5.63%)

Roth/Traditional % = 38.91% (tax free)

Total Retirement Nest Egg $591,666.18 (+11.22%)
Retirement Salary (4%) – $23,666.65

Monthly Contributions $2,056.74 (401k)
SP500 Performance +3.56%
My Monthly Investment Performance +4.92% (+1.36% vs SP500)
My Monthly Individual Stocks Performance +4.97% (+1.41% vs SP500)

Retirement Nestegg Report – June 2016

Retirement Nestegg Report – June 2016

Well kind of a mixed month for me. The good news is that my retirement nestegg is at an all-time high, the bad news is that my investments under performed the market quite a bit this month and this year in general and the only reason I hit an all-time new high is that I contributed $26,000 into my taxable account.

The $26,000 was part of $50,000 emergency savings that I had sitting on the sideline to absorb any unforeseen house expenses and be available for other unexpected purchases. Now that we are in our new house and the bulk of the construction costs are now completed I figured it made more sense to get a chunk of that money into the market as $25,000 should be a pretty good safety cushion for an emergency.

Hopefully now that I have contributed over $60,000 YTD and that I will now only be contributing the bare minimum to get 401k match the rest of the year hopefully my investments can get back on track and I can really start charting some new territory with regards to all-time highs.

Taxable Account- $44,606.20 (+134.40%)
Traditional Rollover IRA – $29,583.93 (+0.41%)
My Roth IRA – $139,659.94 (-2.58%)
Wife Roth IRA – $81,165.31 (-2.75%))
Traditional 401k – $266,949.21 (0.00%)

Roth/Traditional % = 39.30% (tax free)

Total Retirement Nest Egg $561,964.58 (+3.61%)
Retirement Salary (4%) – $22,478.58

Monthly Contributions $1,371.16 (401k) $26,000 (Taxable Account)
SP500 Performance +0.09%
My Monthly Investment Performance -1.25% (-1.34% vs SP500)
My Monthly Individual Stocks Performance -1.92% (-2.01% vs SP500)

Retirement Nestegg Report – May 2016

Retirement Nestegg Report – May 2016

Well not a super great month for my investment performance, but did get some overall growth. One item that caught my eye was that in the first 5 months of the year I have contributed nearly $32,000 to my retirement accounts when you add in my employers generous matching program. When I look back at one of the first goals this blog had was to save $100,000 by the time I was 30 and now that I am now just 5 or 6 years later I am saving almost half that amount in a single year.

Certainly you don’t get the same returns when it comes to your salary as you do in the market, but the compounding effect of earning more money and keep expenses low is also quite impressive. It was pretty hard and at times I was saving well over half of my disposable income trying to save enough to him my $100k by 30 goal and now days I have 5 kids, single income, built an extravagant house and I’m averaging over $6k per month in retirement savings. Now granted most of this is front loaded as my 401k matching and bonus and IRA contributions are all done early in the year, but it is still fun to see. Now all I need is a little help from the market to turn this nestegg into a lifetime of financial security for me and my family. In the meantime I will keep throwing logs on the fire.

Taxable Account- $19,030.40 (-6.56%)
Traditional Rollover IRA – $29,462.05 (-0.38%)
My Roth IRA – $143,355.01 (+1.61%)
Wife Roth IRA – $83,462.48 (+8.33%)
Traditional 401k – $267,061.50 (+1.71%)

Roth/Traditional % = 41.82% (tax free)

Total Retirement Nest Egg $542,371.44 (+2.21%)
Retirement Salary (4%) – $21,694.86

Monthly Contributions $1,279.75 (401k) $5500 (Wife Roth IRA)
SP500 Performance +1.53%
My Monthly Investment Performance +0.93% (-0.60% vs SP500)
My Monthly Individual Stocks Performance +0.65% (-0.88% vs SP500)