Another month of nice growth and out-performance of the SP500. My nestegg finished above the $500k mark for the first time in history. It’s funny to me how as the numbers in my accounts get bigger and bigger that a $15k jump in a month seems like a very ho-hum thing and just a few years ago $10k in a month would have had me dancing in the streets. I look forward to my first $100k increase in a month.
Taxable Account – $19,428.60 (+6.28%)
Traditional Rollover IRA – $34,606.62 (+3.63%)
My Roth IRA – $135,155.27 (+3.54%)
Wife Roth IRA – $78,950.46 (+4.62%)
Traditional 401k – $238,556.66 (+2.43%)
Roth/Traditional % = 42.26% (tax free)
Total Retirement Nest Egg $506,697.61 (+3.11%)
Retirement Salary (4%) – $20,267.90
Monthly Contributions $1,373.31 (401k) $2000 (Wife Roth IRA)
SPY Performance +1.05%
My Monthly Investment Performance +2.47% (+1.42% vs SP500)
My Monthly Individual Stocks Performance +2.95% (+1.90% vs SP500)
Well another all-time high by a long shot this month. My nestegg increased by almost $39k this month! This was in part by crazy strong returns for the stock market and the fact that I also contributed $14k to my accounts this month.
The big contributions were due to two reasons. First I received a very large federal tax refund which I decided to invest entirely in Tesla Motors stock in my taxable account. I know I need to adjust my allowances – I filled out my W-4 nearly 9 years ago when I started my job and I’ve had a handful of kids since then.
I also received a portion of my 401k matching 5.5% that my company contributes once a year into my 401k (on top of the 4% they put in with each paycheck).
I am getting with in striking distance of the half a million dollar milestone and I expect that I could eclipse this figure next month due to the fact that there is a chance I would get a bonus payout from work next month.
It was also nice to see my potential retirement income jump by about $1500 a year in just one month!
Taxable Account – $16,551.55 (+70.30%)
Traditional Rollover IRA – $37,058.16 (+5.62%)
My Roth IRA – $128,463.17 (+4.99%)
Wife Roth IRA – $75,762.74 (+6.70%)
Traditional 401k – $228,876.40 (+9.23%)
Roth/Traditional % = 41.96% (tax free)
Total Retirement Nest Egg $486,712.02 (+8.71%)
Retirement Salary (4%) – $19,468.48
Monthly Contributions $7,799.06 (401k) $6,300 (Taxable)
SPY Performance +5.49%
My Monthly Investment Performance +5.56 % (+0.07% vs SP500)
My Monthly Individual Stocks Performance +5.61% (+0.12 % vs SP500)