Interim Retirement Nestegg Report $1.3M

Interim Retirement Nestegg Report $1.3M

Well it wasn’t in the same month, but we’ve actually hit our next $100k milestone in less than a month since we hit the last one. On Dec 16th we hit $1.2M for the first time and now just 28 days later we have hit $1.3M.

What’s even more impressive is the market is up about 2% during that time but our nestegg grew over 8% due to some very strong gains by some of our individual stocks such as Tesla, Shop, NFLX, and Amazon.

Obviously this can’t go on forever in the short term but over the long term this type of thing can come to be expected. I mean just last month I predicted that I’d eventually write 2 of these reports in the same month and well here we are and each successive $100k is going to take less and less work to achieve due to the magic of compounding.

I spent over 30 years of my life trying to accumulate the first $100k and now 10 years later I was able to accumulate that much in just 28 days. Pretty amazing and can’t wait to see what other insane milestone is up next.

Taxable Account- $76,452.07
Private Stock $72,000
Traditional Rollover IRA – $48,108.15
My Roth IRA – $330,143.06
Wife Roth IRA – $208,360.42
Wife 401k – $4,810.64
Traditional 401k – $560,668.48

Roth/Traditional % = 41.41% (tax free)

Total Retirement Nest Egg $1,300,542.82
Retirement Salary (4%) $52,021

$100,000 NestEgg Milestones

Date DOW Jones Value MFJ Nestegg Time to Achieve
Oct 2008 10,000 $ 69,300 29 years 2 months
Oct 2009 10,000 (+0%) $100,000 (+44%) 30 years 2 months
Feb 2012 13,000 (+30%) $200,000 (+100%) 2 years 5 months
Jul 2013 15,423 (+19%) $300,000 (+50%) 1 years 5 months
Feb 2014 16,395.88 (+6.3%) $400,000 (+33%) 7 months
April 2015 18,084.48 (+10.30%) $500,000 (+25%) 1 year 2 months
August 2016 18,636.05 (+3.05%) $600,000 (+20%) 1 year 4 months
January 2017 20,068.51 (+7.69%) $700,000 (+17%) 5 months
June 2017 $21,182.53 (+5.56%) $800,000 (+14%) 5 months
January 2018 $25,484.72(+20.31%) $900,000 (+12.5%) 7 months
May 2018 $24,667.78(-3.21%) $1,000,000 (+11.1%) 4 months
April 2019 $26,234.34 (+2.94%) $1,100,000 (+10.0%) 11 months
December 2019 $28,331.20 (+7.99%) $1,200,000 (+9.1%) 8 months
January 2020 $28,885.42(+1.96%) $1,300,000 (+8.3%) 0 months 28 days