Interim Retirement Nestegg Report – $2M

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