Browsed by
Month: August 2016

Interim Retirement Nestegg Report – I broke $600,000

Interim Retirement Nestegg Report – I broke $600,000

Today I officially broke through the $600,000 barrier for the first time in my life. It actually took me 16 months to add another $100k onto my retirement nestegg which is longer than it took me to go from 400k to 500k and 300k to 400k, which is not exactly how this compounding this is supposed to work. That being said the market has only gained 3-4% while my nestegg has increased 20% in the same time.

This would be all great news, but the vast majority of those gains were not from investment outperformance, but from my contributions as I’ve contributed almost $85k during this period of time. So the good news is I have been able to greatly pick up my contributions in the last 16 months and the good new is that even in a flattish market my nestegg continues to grow and is supercharged waiting for the next uplift of the market to greatly increase the frequencies of these types of posts.

Taxable Account – $46,743.60
Traditional Rollover IRA – $33,088.57
My Roth IRA – $149,981.23
Wife Roth IRA – $84,937.29
Traditional 401k – $286,484.24

Total Retirement Nestegg – $601,234.93

$100,000 NestEgg Milestones

Date DOW Jones Value MFJ Nestegg
Oct 2008 10,000 $ 69,300
Oct 2009 10,000 (+0%) $100,000 (+44%)
Feb 2012 13,000 (+30%) $200,000 (+100%)
Jul 2013 15,423 (+19%) $300,000 (+50%)
Feb 2014 16,395.88 (+6.3%) $400,000 (+33%)
April 2015 18,084.48 (+10.30%) $500,000 (+25%)
August 2016 18,636.05 (+3.05%) $600,000 (+20%)
Retirement Nestegg Report – July 2016

Retirement Nestegg Report – July 2016

Another all-time high for my nestegg and some out performance by my investments of the SP500 index. Overall a good month and I’m getting close to another milestone as I approach the $600k mark – which honestly is taking longer than I had anticipated. Overall my investments have not been doing that hot this year so I’m hoping that as things turn around I’ll bust through 600 and hopefully 700 in the relatively near future. Roughly a 15% increase without any contributions results in about 100k of returns. With my contributions going forward I should expect to be breaking through new 100k barries at least once a year going forward and then likely a couple times a year. Got to love compounding.

Taxable Account- $47,051.91 (+5.48%)
Traditional Rollover IRA – $32,438.03 (+9.65%)
My Roth IRA – $146,776.00 (+5.10%)
Wife Roth IRA – $83,420.31 (+2.78%)
Traditional 401k – $281,979.93 (+5.63%)

Roth/Traditional % = 38.91% (tax free)

Total Retirement Nest Egg $591,666.18 (+11.22%)
Retirement Salary (4%) – $23,666.65

Monthly Contributions $2,056.74 (401k)
SP500 Performance +3.56%
My Monthly Investment Performance +4.92% (+1.36% vs SP500)
My Monthly Individual Stocks Performance +4.97% (+1.41% vs SP500)