Retirement NestEgg Report – January 2007
Well it was another good month for my retirment nestegg. Gained over 4.5% and am inching closer to the $50,000 mark. It’s amazing how fast my nestegg continues to grow as just last December it was only at $24k and hopefully in two years time it will be close to $100k. Just goes to show you that if you stick to a plan of continually contributing to your retirement accounts it starts adding up. I mean when I started saving and investing I thought it would take decades for me to reach six figures and everytime I saw a blogger who had a net worth or retirement account that was over $100,000 I always thought wow that guy must make a lot of money to be able to save that much money. Turns out you don’t need to make that much money, those guys were probably just a couple years ahead of me and had the same rigorous saving mentality. Anywho here is where I stand as of today.
My Roth IRA – $11,366.56 (-0.30%)
Wife Roth IRA – $14,223.81 (+9.56%)
Traditional 401K – $11,933.34 (+2.00%)
Roth 401K – $11,406.00 (+6.27%)
Total Retirement Nest Egg $48,929.71 (+4.52%)