Interim Retirement Nestegg Report – $2M
Well today our nestegg hit $2M about 30 minutes into a new trading day where just the prior day it had just hit $1.9M.
This was a direct result of TSLA continuing its meteoric climb. This has been very rewarding as there has never been a stock where I had a stronger conviction on. There have been many bumps in the road and lots of naysayers – just like all there have been with all of our big winners (Netflix, Amazon, etc), but it is very rewarding (mentally and financially) to take the long term view and ignore all of the nonesense that has zero affect on the long term picture.
Now that we have hit the $2M milestone and the fact that these $100k milestones are now hit on a daily basis I will no longer update things mid month with interim financial reports and will just do my normal monthly reports going forward.
Taxable Account Ally- $186,598.38
Taxable Fidelity – $5,653.53
Private Stock $72,000
Traditional Rollover IRA – $79,594.95
My Roth IRA – $697,754.08
Wife Roth IRA – $398,426.82
Wife 401k – $4,647.64
Traditional 401k – $560,862.98
Roth/Traditional % = 54.66% (tax free)
Total Retirement Nest Egg $2,005,538.38
Retirement Salary (4%) $80,221
$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 |
July 2020 | $25,884.15(-4.31%) | $1,700,000 (+6.25%) | 0 months 21 days |
July 2020 | $26,209.81(+1.26%) | $1,800,000 (+5.88%) | 0 months 5 days |
July 2020 | $26,075.30(-0.51%) | $1,900,000 (+5.56%) | 0 months 4 days |
July 2020 | $26,365.23(+1.11%) | $2,000,000 (+5.26%) | 0 months 1 day |