My Financial Journey

Another all time high for my retirement nestegg and my investments outperformed the SP500 index this month. In addition I have finally bumped up my 401k contribution starting this month to due a little catchup before the end of the year. I have been horribly lacking in this category only contributing 5% of my salary the last 4-5 years as we turbocharged our house/land purchasing funds. I look forward to maxing out my 401k in 2015 for the first time in what seems forever.

In addition I will be adding child #5 in 2015. It was kind of unexpected surprise and I’m convinced my wife just never wants to have to get a job so keeps spitting out kids every time it looks like we might finally go to two incomes.

Taxable Account – $6,448.08 (+7.53%)
Traditional Rollover IRA – $35,209.52 (+8.31%)
My Roth IRA – $119,994.16 (+4.11%)
Wife Roth IRA – $71,031.80 (+4.82%)
Traditional 401k – $207,920.90 (+2.65%)

Roth/Traditional % = 43.39% (tax free)

Total Retirement Nest Egg $440,604.46 (+3.89%)
Retirement Salary (4%) – $17,624.18

Monthly Contributions $1,601.98 (401k)
SPY Performance 2.45%
My Monthly Investment Performance +3.52% (+1.07% vs SP500)
My Monthly Individual Stocks Performance +5.03% (+2.58% vs SP500)

Our nestegg grew this month slightly but our investments trailed the SP500 significantly for the 2nd straight month. Well I have now maxed out both my wife and my Roth IRAs for 2014. We will now focus on building up our our taxable investment accounts as well as finding ways to save in the cost of constructing our new house. I’m trying to convince my wife that despite me having zero woodworking experience that I can build use kitchen cabinets, tables, and other things for our house. So far I have not been so convincing.

Taxable Account – $5,996.60 (-3.23%)
Traditional Rollover IRA – $32,506.79 (-0.97%)
My Roth IRA – $115,261.35 (-1.05%)
Wife Roth IRA – $67,767.15 (+4.71%)
Traditional 401k – $202,558.56 (+2.27%)

Roth/Traditional % = 43.39% (tax free)

Total Retirement Nest Egg $424,090.45 (+1.54%)

Monthly Contributions $758.84 (401k) $2500 Wife Roth IRA
SPY Performance 2.36%
My Monthly Investment Performance +0.76% (-1.60)% vs SP500)
My Monthly Individual Stocks Performance -0.25% (-2.61% vs SP500)