Retirement Nestegg Report – March 2010
I am actually kind of stunned at how fast my nest egg has been growing of late. It wasn’t too long ago I just passed $100k and now I’m 1/3rd of the way to $200k. In fact just 13 months ago my retirement nestegg was sitting at a measly $59k and the best part is the market is doing all of the hard work for me. My contributions have slowed down pretty considerably lately since we are saving for a new house and yet my nestegg is ballooning. This is directly related to the extra money I invested when the market was tanking and just shows the power of consistently investing money in the market over time and over the long term – good things are likely to happen.
Something new this month that I realized wasn’t too hard to include is my investment performance against the SP500 each month. This will exclude any contributions that I made this month and show the true reason my accounts are rising or falling and whether or not my personal decision not to just buy index funds is a worthwhile effort. I went and updated the previous reports and so far in 2010 I am beating the SP500 by
11.83% 1.29% (mistakingly included 401k vesting berfore) I also calculated my performance for last year and last year I beat the SP500 by 9.26% 6.29% so I must be doing something right. Anyway here is this month’s report.
Traditional Rollover IRA – $12,030.93 (+9.77%)
My Roth IRA – $35,478.99 (+5.06%)
Wife Roth IRA – $19,387.04 (+3.88%)
Current Traditional 401k – $65,569.25 (+11.57%)
Roth/Traditional % = 41.42% (tax free)
Total Retirement Nest Egg $132,466.21 (+8.43%)
Monthly Contributions $3,021.70 (401k)
+4.19% 5.65% (forgot dividend)
My Monthly Investment Performance +5.96% (+0.31%)
My Monthly Individual Stock Performance +5.53% (-0.12%)