Retirement Nestegg Report – March 2016
Well a pretty good month for my retirement nestegg. It grew by about $46,000 in one month which is nice. I had the benefit of having over $8k in contributions to my 401k due to receiving a bonus at work this month. This is in addition to the $8k I had last month due to a chunk of my 401k matching hitting as well. Overall it was a wise decision to take my current job 9 years ago due to the very generous bonus and 401k matching programs. I really have not put a ton of effort into my 401k the last 9 years and it has grown to over a quarter of a million dollars!
Not much else to update on this month, but next month should be an exciting as we will hopefully be moved into our dream house – we will have a new giant mortgage and the variability and unknowns for my future financials will be much more stable and I can start concentrating and putting concrete plans on when I will be financially independent and can ditch the normal job.
Taxable Account- $20,160.72 (+15.66%)
Traditional Rollover IRA – $31,167.19 (+1.45%)
My Roth IRA – $144,255.27 (+6.31%)
Wife Roth IRA – $78,074.54 (+5.89%)
Traditional 401k – $257,744.76 (+12.98%)
Roth/Traditional % = 42.91% (tax free)
Total Retirement Nest Egg $531,402.48 (+9.41%)
Retirement Salary (4%) – $21,256.10
Monthly Contributions $8,293.03 (401k)
SP500 Performance +6.60%
My Monthly Investment Performance +9.41% (+2.81% vs SP500)
My Monthly Individual Stocks Performance 6.24% (-0.36% vs SP500)