Retirement Nestegg Report – December 2007

Retirement Nestegg Report – December 2007

A pretty steady and boring end to 2007 for me. For the year though my retirement nestegg grew by $26,362 or 56%, which is what really counts. I sometimes wonder if I should only do quarterly or even yearly reports on my retirement nestegg, just because if you take yourself too seriously when looking at results in the short term you may miss the big picture.

When it comes to investing, especially for retirement you should not be concerning yourself with month to month or even year to year performance of your investments. It is way too easy to get caught up in the moment and make a stupid mistake because you reacted and took action on something short-term that will have no affect on your long term success. A couple of months ago I wrote something to this effect.

Anyway the reason I keep doing monthly reports is because I think I have to patience and understanding not to react say if my entire retirement nestegg dropped by 30% in a couple months. In fact this is the reason I do keep track month to month so that 20 years from now I can look back and see that those couple months of negative progress were nothing in the grand scheme of things.

Traditonal Rollover IRA -$12,061.94 (-3.05%)
My Roth IRA – $30,690.40 (+0.76%)
Wife Roth IRA – $14,913.20 (+3.28%)
Current Traditional 401k – $15,509.23 (+10.01%)

Roth/Traditional % = 62.32% (tax free)

Total Retirement Nest Egg $73,174.77 (+2.43%)

My Contributions for 2007 $23,786
SPY Performance for 2007 +5.49%
Investment Performance for 2007 +5.50% (+0.01%)
Individual Stock Performance for 2007 +7.25% (+1.76%)
Total Investment Return +$2,576.67

2007 Retirement Nestegg Growth

Retirement Nestegg