Retirement Nestegg Report April 2017

Retirement Nestegg Report April 2017

Well another record setting month for my retirement nestegg. An all-time new high that is almost $30,000 higher than last month’s total. My portfolio performance greatly outperformed the market as a whole and my hypothetical safe withdrawal rate from my nestegg broke through the $30,000 a year threshold. I did also have a larger than normal 401k contribution due to my annual bonus hitting this month as well, but with the size of my nestegg the real performance comes from the nestegg itself and the contributions themselves these days are hard to move the needle much.

I don’t expect this type of performance to continue – I mean I’m only 3 months removed from breaking through the $700,000 milestone and am now closer to the $800k mark. A large part of my growth and out-performance has come from my individual stocks with large holdings like Tesla really picking up steam as of late. There will for sure be some volatility with my individual stocks, but long term I feel pretty good about them.

I also think I have sort of passed a weird psychological threshold. Normally I’m usually more bummed about the market going up and cheering on for the next crash, but given like I said above that my contributions make less of a dent these days and how to be honest I see my retirement savings starting to wane some going forward here I guess I’m fine with the markets reaching new highs as it means my date to financial independence keeps moving closer and closer. Just a random self reflective observation. Guess that means I’m getting old now and this far fetched retirement date sometime long in the future is probably not as far off as it once was.

That being said I have some work to do yet as I have five kids and a brand new large mortgage so I probably have a higher burden than some folks on the financial independence journey, but knowing that I have 3/4 of a million dollars tucked away working hard for me makes it easier to put less of an emphasis on worrying about my career or salary or having to put massive amounts of money away. Those things are still important, but not even remotely close as important as they were 10 years ago. The heavy lifting has been done and now I have more options – which hopefully I will have the courage to take advantage of in the coming years.

Taxable Account- $49,847.92(+6.50%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $29,968.10 (+3.97%)
My Roth IRA – $174,451.26(+4.05%)
Wife Roth IRA – $106,657.24(+7.79%)
Traditional 401k – $342,962.59(+3.25%)

Roth/Traditional % = 36.15% (tax free)

Total Retirement Nest Egg $766,987.11 (+2.82%)
Retirement Salary (4%) $30,679

Monthly Contributions $5,240.89 (401k)
SP500 Performance +0.91%
My Monthly Investment Performance +3.29% (+2.38% vs SP500)
My Monthly Individual Stocks Performance +5.46% (+4.55% vs SP500)