Quite month for the blog but another good month for my retirement nestegg. Every month I am amazed at how much my account grows especially when I look back just a few months earlier and see myself hitting $40,000, $50,000, $60,000 etc. In fact due to the fact that I have some contributions to catch up on before the end of the year I think I might pass $70,000 as early as next month and might even have a legitimate shot at $80,000 before the end of the year depending upon how the market performs.
I know just a few years ago and I would see some of the bloggers post their net worth or retirement accounts and $80,000 or $100,000+ seemed like a fortune that would take me forever to accumulate. Well take a look at my first financial report not even 2 years ago in Dec 2005 where I posted a number of $24,616. So when you see a big number out there don’t think it is not attainable or will take decades of savings to get there. Just get your plan together, put it into cruise control, and sit back like me and be amazed at your own results.
Anyway here is this month’s report.
Traditonal Rollover IRA – $13,687.33 (+3.34%)
My Roth IRA – $27,517.43 (+1.66%)
Wife Roth IRA – $14,439.44 (+1.80%)
Current Traditional 401k – $11,157.64 (+20.12%)
Roth/Traditional % = 62.81% (tax free)
Total Retirement Nest Egg $66,801.84 (+4.72%)