Retirement Nestegg – February 2015

Retirement Nestegg – February 2015

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)

  • Holy macaroni, $39K in one month! Congrats on the windfall from work. I wish my job had that kind of employer matching program haha. 🙂 I was actually thinking about buying a Tesla Model S P85 in the new few weeks or so. That car looks amazing doesn’t it. 😀

  • Bubba Smith

    But how much do you owe on your home, credit cards and line of credit?

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