July 2007 – Retirement Nestegg Report

July 2007 – Retirement Nestegg Report

Well a couple of changes with my accounts this month. You’ll notice that my previous employer Traditional and Roth 401ks are no longer in the detail and that there is a new Traditional IRA Rollover account. I rolled over the money from my previous employer this month. The traditional part is in the Traditional IRA Rollover account and the Roth part I just put in my normal Roth IRA account. My previous employer actually had excellent investment options – some actually better than I can get on my own, but I rolled it over just because even though the expense ratios were top notch I just wasn’t sure what other fees were being assessed or what new fees might show up in the future. Guess I am a control freak when it comes to my financials so I rolled it over.

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The happiest baby on the block – testimonial

The happiest baby on the block – testimonial

I’m not sure if everyone is aware of this so I figured I do a little post about this book/dvd. At our hospital The Happiest Baby on the Block (ref) is pretty much required viewing before you go home and for good reason. Essentially this video shows you a method on how to calm down a crying/screaming baby and I’ve got to say it works as advertised.

In fact just an hour ago our daughter was screaming uncontrollably

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It’s a girl

It’s a girl

My wife and I were blessed with our second child last Tuesday a beautiful baby girl. Mom and baby are doing great and I’ve been enjoying some time off with the family. Now I just need to wait for the SS card to show up so I can start creating some accounts for her (529, ING Savings, Investing, etc.) I also need to get my butt in gear and start working on our will and estate planning. Anyway here is our beautiful little girl.

Baby girl
I got a promotion!!

I got a promotion!!

Well I have only been at my new employer for just barely 5 months, but yesterday I got called into the CFO’s office and was told that I would be getting a promotion and a 10% raise. My previous manager decided to leave the company and this opened up an opportunity for me. I never applied for the position and in fact didn’t even know if this position was being replaced, so I was quite suprised to hear about my promotion.

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June 2007 – Retirement NestEgg Report

June 2007 – Retirement NestEgg Report

Well I managed to stay positive this month (barely) completely due to contributions and finally getting matching funds from my previous employer. This month isn’t exactly 100% precise as I don’t know exactly how much of the matching funds is mine anymore due to it only being 20% vested so I took a stab at it. Hopefully by next month this money will show up in Rollover IRAs and I will be back on tracking it to the penny (as if that matters). Anyway here are the figures for this month. Hopefully next month I break through the $60,000 mark.

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Another Financial Goal: My very own full court basketball court

Another Financial Goal: My very own full court basketball court

If you follow my blog you know I have a goal of having $100,000 in principal put away by the time I reach 30, I have also talked about how I would like to make $100,000 per year by the time I reach 30, I’m currently working out plans for other goals, such as when I should reach $1 million dollars and possibly how much money I need to retire early (in my 40s). This goal however is going to seem somewhat counterintuitive to those goals. In roughly 5 years time I want to have enough money put away so that I can build a house out in the country with a full court outdoor sportcourt basketball/volleyball/tennis/etc court.

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