My Financial Journey

Well my retirement nestegg grew by 3% this month, which is great, but more importantly my retirement nestegg grew by 90.61% this year. Granted a majority of this gain is due to the fact that my nestegg is so small and a majority of the gains were due directly to my contributions, but it still is nice to see your retirement account nearly double in one calendar year regardless of the reason. One a side note as far as investment performance because my traditional 401k has not had any contributions this year I can easily calculate the investment performance of my 401k investments, which ended up being 15.26%, which bested the market by about 1.5% this year.

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Well another good month for me. In fact over the last two months my accounts have gone up 13.39% or $5,366.88, which probably means I’ve got a few rough months coming up in the near future, but alas at least for now I have broken the $45,000 mark, just two months ago I was happy I had broke the $40k mark. Hopefully by the of next year I will be in the $70,000 - $80,000 range, unless of course the market tanks which of course would be fine by me too. In fact I really shouldn’t be getting too excited about all of this growth as, assuming my investments are good investments I should be hoping for a huge downturn in the economy and thus my retirement nest egg. It’s a funny game we play, but at my age probably the best thing I could hope for is a recession. Anyway see my progress below.

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Well another pretty good month for me, in fact I don’t know if I’ve had this much organic growth ever in a month. Overall my retirement nestegg went up 7.39% and a majority of that was investment gains instead of additional principal added. Again its only one month and means absolutely nothing in the long term, but it’s sure nice to see things growing. In fact I should break the $50k mark sometime early next year.

My Roth IRA - $11,373.40 (+6.95%)
Wife Roth IRA - $12,083.91 (+3.26%)
Traditional 401K - $11,234.37 (+3.61%)
Roth 401K - $8,364.84 (+20.95%)

Total Retirement Nest Egg $43,056.42 (+7.39%)

Well it’s the first time in a while all of my accounts were going in the right direction for the month. I also surpassed the $40,000 mark this month for the first time. While it’s not exactly a milestone it’s kind of nice to see the progress. Also my investments repassed my principal invested, which means I actually made some money on my investments as a whole
My Roth IRA - $10,634.49 (+4.37%)
Wife Roth IRA - $11,701.88 (+0.77%)
Traditional 401K - $10,843.17 (+1.44%)
Roth 401K - $6,915.85 (+14.46%)

Total Retirement Nest Egg $40,095.39 (+4.05%)

Increased my retirement nestegg about $1k this month, mainly due to contributions to my Roth 401k. Kind of boring, just like it should be.
My Roth IRA - $10,189.68 (-1.23%)
Wife Roth IRA - $11,613.00 (+1.10%)
Traditional 401K - $10,689.42 (+2.01%)
Roth 401K - $6,042.02 (+16.87%)
Total Retirement Nest Egg $38,534.12 (+2.89%)

Well first off I apologize for missing last months report. I just finished up and post-dated the timestamp. You can find that report here. Anyway another dull month for me, but once again at least I’m still headed in the right direction, even if a majority of my gains were due to Roth 401k contributions. I was expecting to get matching funds from my employer for my 401k either last month or this month, but it has not been the case (good thing I decided to leave employer contributions out of any goal setting I did). Unlike some employers who put matching funds in with each paycheck deposit, my employer waits till the end of the year to decide what % they are going to match, during the hiring process they said historically it was $1 for $1 up to 6%, but talking to people last year they said previous year was more like 4%, anyway they decide this in January for your entire previous years contributions. They then don’t actually deposit this money until after the end of the 2nd quarter. Well end of 2nd quarter came and went and no deposit, I’ve sent an email about the matter but it has gone unanswered. Anyway enough complaining about my employer and more about the report.

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Sorry about missing this report. Well despite another month of subpar performance I actually made some forward progress soley in part to my Roth 401k contributions.

My Roth IRA - $10,548.22 (-3.03%)
Wife Roth IRA - $11,824.13 (-0.03%)
Traditional 401K - $10,032.09 (-4.54%)
Roth 401K - $4684.31 (46.08%)

Total Retirement Nest Egg $37,088.75 (+1.17%)