Retirement Nestegg Report – February 2009
Another brutal month as far as performance goes. Nestegg value feel by about 8% and as much as I know this is an opportunity for me, it is hard sometimes to see the progress or any forward momentum when your portfolio value is almost half of what it was a year ago.
Of course I’m not alone as I’m pretty much just keeping on track with the market and even guys like Warren Buffett have faired just as bad or even worse. The great news though is that I’m young and I don’t need this money for the next 30 years so while it’s somewhat depressing to see your saving and hard work go up in flames in the short term the odds are in my favor that long term I am still very much headed in the right direction.
Anyway here are this months results.
Traditional Rollover IRA – $7,003.59 (-4.68%)
My Roth IRA – $18,490.95 (-12.13%)
Wife Roth IRA – $9,932.34 (-12.59%)
Current Traditional 401k – $19,868.59 (-1.51%)
Roth/Traditional % = 51.40% (tax free)
Total Retirement Nest Egg $55,295.47 (-7.73%)