Interim Retirement Nestegg Report $1.6M

Interim Retirement Nestegg Report $1.6M

Well another $100k milestone. 2020 certainly has been a crazy year and just reinforces that no one in their wildest dreams can come remotely close to predicting what will happen to the economy/stock market and you are an absolute idiot if you think you can time the market. Stay invested with a long term focus and let time work in your favor.

The market was actually down about 7% since my last milestone, but my individual stock performance was able to outperform the market and bag another $100k milestone. These are getting less and less impressive as time goes on as my nestegg has grown large enough that only 6% increases will result in another $100k. This in theory could happen in the matter of only a few days. I think once we hit $2M it will require me to go to 250k increments as I honestly will not even be able to follow my portfolio close enough to catch the 100k jumps here pretty soon.

Taxable Account Ally- $122,303.15
Taxable Fidelity – $4,610.29
Private Stock $72,000
Traditional Rollover IRA – $61,873.31
My Roth IRA – $490,244.93
Wife Roth IRA – $286,854.80
Wife 401k – $4,757.59
Traditional 401k – $559,902.91

Roth/Traditional % = 48.49% (tax free)

Total Retirement Nest Egg $1,602,546.98
Retirement Salary (4%) $64,101

$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
February 2020 $28,399.81(-1.68%) $1,400,000 (+7.7%) 0 months 21 days
February 2020 $29,308.80(+3.20%) $1,500,000 (+7.14%) 0 months 15 days
June 2020 $27,049.00(-7.71%) $1,600,000 (+6.67%) 3 months 22 days