Retirement Nestegg Report September 2020

Retirement Nestegg Report September 2020

Well after last months insane month I should not be surprised at all to see my accounts dip a little bit this month. Ironically my first month back to work and my net worth dropped by over $150k, while the 3 previous months where I was not earning income my net worth increased by over $828k.

This means nothing per say especially in those types of short term freak occurrence time frames, but it does put into perspective that I’ve put myself in a situation where working for money is trivial compared to the massive snowball of previously saved and invested dollars that are going to work for me every single day regardless of what I decide to do when I get out of bed.

That part is the incredibly powerful part and was the whole point of everything and I think it’s still something that I am having trouble coming to grasp with as to just what a powerful and meaningful force that is and how to best use it to make my life better.

Big numbers are big and sometimes I don’t fully grasp what my nestegg is worth and capable of. In a relatively non eventful month we just lost a years worth of working salary. In the prior 3 months we gained over 5 years of working salary. That’s insane and what’s really insane is that it’s only going to continue to get more and more insane as time goes on.

Fidelity Taxable – $5,073.72(+3.76%)
Taxable Account- $220,327.48(-10.76%)
Private Stock $82,500(+0.00%)
Traditional Rollover IRA – $82,729.94(-2.33%)
My Roth IRA – $751,045.35(-9.11%)
Wife Roth IRA – $426,286.63(-7.38%)
Wife 401k – $4,968.88(-4.80%)
Traditional 401k – $595,324.03(-2.86%)

Roth/(Traditional+Taxable) % = 55.37% (tax free)

Total Retirement Nest Egg $2,168,256.03(-6.69%)
Retirement Salary (4%) $86,730

Monthly Contributions $531.12(401k)
SP500 Performance -3.92%
My Monthly Investment Performance -6.69% (-2.77% vs SP500)
My Monthly Individual Stocks Performance -8.51% (-4.59% vs SP500)