Retirement Nestegg Report December 2017

Retirement Nestegg Report December 2017

Well 2017 sure was a banner year for my nestegg. It grew by over $187,000 this year and $156,000 of that were investment gains. It is very likely my portfolio brought in more wealth than our day to day jobs this year despite our incomes being at an all-time high as well.

It was another banner year for the stock market and my investments outperformed the market which led to these outsized returns. This was nice given my relative underperformance in 2016.

On area that was disappointing was my retirement contributions were significantly lower than the previous 3 years despite having the highest income we’ve ever had by a significant margin. Basically we’ve been spending like drunken sailors on our new house and our savings our savings rate has plummeted. Looking at plans for 2018 this might be in for more of the same as there are a number of large projects on the docket. Basically we’ve put off financial independence to work for this monstrocity of a house of ours which kind of stinks.

That being said my portfolio is large enough to provide over $34,000 in additional income forever. Also if my wife continues to work I will actually look at pulling back from working 100% as soon as this year to ideally not work during the summer months. Basically while maybe not the smartest move – the need to save for retirement is not nearly as high as it used to be and in theory I can afford to live the drunken sailor life, reduce my income by not working 100%, and still be setup very well for financial independence in a few years.

One other random item of note is my wife is now working and has contributed and been matches a chunk of money in her retirement account so she probably has $3k or more in there, but I have no way to look up her retirement account and she has yet to get access to her pay stubs through work so that is something I have either figure out how to track or just forget about and have it be a small surprise some day.

Overall despite my attempts to shoot myself in the foot – 2017 was a pretty amazing year financially.

Taxable Account- $48,074.83 (+1.51%)
Private Stock $63,100 (+0.00%)
Traditional Rollover IRA – $28,443.45 (+2.14%)
My Roth IRA – $192,960.86 (+1.05%)
Wife Roth IRA – $119,683.98 (+1.11%)
Traditional 401k – $405,281.49 (+1.73%)

Roth/Traditional % = 36.46% (tax free)

Total Retirement Nest Egg $857,544.61 (+1.36%)
Retirement Salary (4%) $34,302

Monthly Contributions $2,754.29 (401k)
SP500 Performance +0.98%
My Monthly Investment Performance +1.04% (+0.06% vs SP500)
My Monthly Individual Stocks Performance +1.20% (+0.22% vs SP500)

My retirement contributions for 2017 $30,787.56
401k $18,000.00
401k matching $12,787.56
My Roth IRA $0
Wife Roth IRA $0
Taxable Account $0
Wife Retirement Account ??

SP500 Performance for 2017 +18.42%
Investment Performance for 2017 +23.31% (+4.89% vs SP500)
Individual Stock Performance for 2017 +27.49% (-14.11% vs SP500)
Total Investment Return 2017 +$156,291.84