Retirement Nestegg Report February 2020

Retirement Nestegg Report February 2020

Well February was an exciting month. My nestegg hit two new milestones in the same month going north of $1.4M and $1.5M in the same month and then the last week of the month dropping over $200,000 from the high to actually finish down from the prior month.

My individual stocks still outperformed the market by a wide margin, which is actually surprising since they have done so well for so long and I have many high fliers that would expect would fall harder/faster than the market in general. I also added a new account over at M1 Finance that I am testing out so you will see a new taxable account in my report going forward.

I actually missed out on the fun last week as I was on a family vacation and really didn’t get to see the effect of the drop from last week until I filled out this report. The little bit that I saw on the tvs at the airport made me think the sky was falling and I’d be pennyless when I flew back home. The end result is my nestegg has fallen all the way back to what it was the middle of January (6 weeks ago) – which is still $400,000 higher than it was last January. I think life will go on 🙂 Don’t waste any of your time watching the news and worry about things that matter (hint you’ll never hear it in the news)

M1 Taxable – $3,151.51 (+100%)
Taxable Account- $85,717.63(-2.42%)
Private Stock $72,000 (+0.00%)
Traditional Rollover IRA – $49,554.65(-5.02%)
My Roth IRA – $353,455.00(-2.26%)
Wife Roth IRA – $220,021.24(-2.08%)
Wife 401k – $4,360.97(-8.26%)
Traditional 401k – $509,976.65(-7.40%)

Roth/Traditional % = 44.17% (tax free)

Total Retirement Nest Egg $1,298,237.65(-4.34%)
Retirement Salary (4%) $51,929

Monthly Contributions $903.32(401k) $3400 (M1)
SP500 Performance -8.41%
My Monthly Investment Performance -4.42% (+3.99% vs SP500)
My Monthly Individual Stocks Performance -2.46% (+5.95% vs SP500)