Interim Retirement Nestegg Report $1.6M
Well another $100k milestone. 2020 certainly has been a crazy year and just reinforces that no one in their wildest dreams can come remotely close to predicting what will happen to the economy/stock market and you are an absolute idiot if you think you can time the market. Stay invested with a long term focus and let time work in your favor.
The market was actually down about 7% since my last milestone, but my individual stock performance was able to outperform the market and bag another $100k milestone. These are getting less and less impressive as time goes on as my nestegg has grown large enough that only 6% increases will result in another $100k. This in theory could happen in the matter of only a few days. I think once we hit $2M it will require me to go to 250k increments as I honestly will not even be able to follow my portfolio close enough to catch the 100k jumps here pretty soon.
Taxable Account Ally- $122,303.15
Taxable Fidelity – $4,610.29
Private Stock $72,000
Traditional Rollover IRA – $61,873.31
My Roth IRA – $490,244.93
Wife Roth IRA – $286,854.80
Wife 401k – $4,757.59
Traditional 401k – $559,902.91
Roth/Traditional % = 48.49% (tax free)
Total Retirement Nest Egg $1,602,546.98
Retirement Salary (4%) $64,101
$100,000 NestEgg Milestones
Date | DOW Jones Value | MFJ Nestegg | Time to Achieve |
Oct 2008 | 10,000 | $ 69,300 | 29 years 2 months |
Oct 2009 | 10,000 (+0%) | $100,000 (+44%) | 30 years 2 months |
Feb 2012 | 13,000 (+30%) | $200,000 (+100%) | 2 years 5 months |
Jul 2013 | 15,423 (+19%) | $300,000 (+50%) | 1 years 5 months |
Feb 2014 | 16,395.88 (+6.3%) | $400,000 (+33%) | 7 months |
April 2015 | 18,084.48 (+10.30%) | $500,000 (+25%) | 1 year 2 months |
August 2016 | 18,636.05 (+3.05%) | $600,000 (+20%) | 1 year 4 months |
January 2017 | 20,068.51 (+7.69%) | $700,000 (+17%) | 5 months |
June 2017 | $21,182.53 (+5.56%) | $800,000 (+14%) | 5 months |
January 2018 | $25,484.72(+20.31%) | $900,000 (+12.5%) | 7 months |
May 2018 | $24,667.78(-3.21%) | $1,000,000 (+11.1%) | 4 months |
April 2019 | $26,234.34 (+2.94%) | $1,100,000 (+10.0%) | 11 months |
December 2019 | $28,331.20 (+7.99%) | $1,200,000 (+9.1%) | 8 months |
January 2020 | $28,885.42(+1.96%) | $1,300,000 (+8.3%) | 0 months 28 days |
February 2020 | $28,399.81(-1.68%) | $1,400,000 (+7.7%) | 0 months 21 days |
February 2020 | $29,308.80(+3.20%) | $1,500,000 (+7.14%) | 0 months 15 days |
June 2020 | $27,049.00(-7.71%) | $1,600,000 (+6.67%) | 3 months 22 days |