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Month: July 2016

Retirement Nestegg Report – June 2016

Retirement Nestegg Report – June 2016

Well kind of a mixed month for me. The good news is that my retirement nestegg is at an all-time high, the bad news is that my investments under performed the market quite a bit this month and this year in general and the only reason I hit an all-time new high is that I contributed $26,000 into my taxable account.

The $26,000 was part of $50,000 emergency savings that I had sitting on the sideline to absorb any unforeseen house expenses and be available for other unexpected purchases. Now that we are in our new house and the bulk of the construction costs are now completed I figured it made more sense to get a chunk of that money into the market as $25,000 should be a pretty good safety cushion for an emergency.

Hopefully now that I have contributed over $60,000 YTD and that I will now only be contributing the bare minimum to get 401k match the rest of the year hopefully my investments can get back on track and I can really start charting some new territory with regards to all-time highs.

Taxable Account- $44,606.20 (+134.40%)
Traditional Rollover IRA – $29,583.93 (+0.41%)
My Roth IRA – $139,659.94 (-2.58%)
Wife Roth IRA – $81,165.31 (-2.75%))
Traditional 401k – $266,949.21 (0.00%)

Roth/Traditional % = 39.30% (tax free)

Total Retirement Nest Egg $561,964.58 (+3.61%)
Retirement Salary (4%) – $22,478.58

Monthly Contributions $1,371.16 (401k) $26,000 (Taxable Account)
SP500 Performance +0.09%
My Monthly Investment Performance -1.25% (-1.34% vs SP500)
My Monthly Individual Stocks Performance -1.92% (-2.01% vs SP500)