My Financial Journey

I want to apologize for missing last month’s report. I believe that is only the 2nd time since I started blogging 2 years ago that I missed a report. Two kids are more than 2 times the work of 1 kid

Note the percentage change below is over a 2 month period instead of the normal one month period.

Traditonal Rollover IRA -$12,441.28 (-9.10%)
My Roth IRA - $30,460.08 (+10.69%)
Wife Roth IRA - $14,439.44 (+1.80%) 15,194.20
Current Traditional 401k - $14,097.38 (+26.35%)

Roth/Traditional % = 62.85% (tax free)

Total Retirement Nest Egg $71,438.18 (+6.94%)

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Quite month for the blog but another good month for my retirement nestegg. Every month I am amazed at how much my account grows especially when I look back just a few months earlier and see myself hitting $40,000, $50,000, $60,000 etc. In fact due to the fact that I have some contributions to catch up on before the end of the year I think I might pass $70,000 as early as next month and might even have a legitimate shot at $80,000 before the end of the year depending upon how the market performs.

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Quick report this month, despite the fact that “market is crashing” and we should all have our money hidden under the mattress because the end is near, all of my accounts managed positive investment gains this month. Bottom line - don’t try to time the market because you do not have a clue where it is going in the short run (long run though my money is on up )

Traditonal Rollover IRA - $13,245.15 (+0.32%)
My Roth IRA - $27,067.79 (+3.08%)
Wife Roth IRA - $14,183.87 (+0.38%)
Current Traditional 401k - $9,288.94 (+23.99%)

Roth/Traditional % = 64.67% (tax free)

Total Retirement Nest Egg $63,785.75 (+4.42%)

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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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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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Heh - another great month for my retirement nest egg. Up over 7% this month and creeping up on the $60,000 mark. It’s amazing how fast your accounts grow when you make regular contributions and just let the magic of the stock market do its thing. It’s been an amazingly long run of stellar stock market returns. In fact I think the last 5 years have been one of the longest consistent bull runs ever. Guess that means odds of things heading south for a bit are slightly higher.
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Another pretty good month for my retirement nest egg. The stock market sure has been on a good tear for a long time now, which honestly kind of stinks. While it’s nice to see your accounts going up every month, I certainly wouldn’t mind being able to buy stuff on the cheap at my age if we went through a couple years of downturn. One thing to note is for the last two months I have missed my Roth IRA contributions. This is due partly because I decided to splurge and pay off my HELOC. I’m hoping this month I’ll be able to squeeze some money into my Roth IRA accounts, but if not either way I plan on still maxing them both out by the end of the year (this is the first year I didn’t max both accounts out on Jan 1 - again due to me wanting to eliminate my HELOC first). Anyway here are the numbers.

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