Retirement Perspectives

My Goal is the leave the workforce on my 55th birthday, 11,518 Days from now...

401 Account: Approximately 3.01 % of my portfolio
• $628.06 (Employer Paid 1% of Salary); $655.08 Worth
o Up 5.89% from inception, +$37.02
o Stable Value Money Market Accounts make up 30.50
o Milestone 2040 makes up 69.50%

457 Account: Approximately 4.67% of my portfolio
• Employer Funded. Future Contributions Discontinued (minimal interest earned—like pennies)… I can’t wait till this makes up less the 1% of my portfolio…
o Positive $1,032.48

ING DIRECT Roth IRA: Approximately 11.55% of my portfolio
• $2,500.00 Invested; Worth $2,555.44
o Up 2.21% from inception. Positive $55.44
o CD’s ranging from 1.65% to 4.5% (savings 1.30%).
o Current Average CD rate 2.91%

ShareBuilder Roth IRA Approximately 50.94% of my portfolio
• $11,500 Invested; Worth $11,273.09
o Down 1.97% since inception… Loss of -$226.91
o Strategic Allocation Moderate 94.70%
o Money Market Cash 5.30%

Excluding my Pension, my variable retirement accounts are worth $15,526.09. Of that I’ve only invested $14,000 of my money (the rest has been my employer). So technically I’ve made 10.90%. If I compare all the “free money” and my contributions (Totals 15,660.54), my portfolio is down 0.858% since inception.


Pension: Approximately 29.85% of my portfolio
If I quit tomorrow, I’d just have the cash in the account.
• Up until 2007, Employer paid all contributions. Jan 2007- July 2009 Employee’s contributed 1%. As of August 1st, 2009, employees contribute 2%:
o 2007- $299.74
o 2008- $336.12
o 2009- $393.44
 Total: $1,029.30 (October 23rd, 2009)

Account Cash Value as of 07.01.2008 $6,605.55.

• I’m ALSO buying additional time in my retirement accounts from when I was 16-18 years of age (service prior to membership). It’s less then a year’s worth of service credit, but I’ll be paying $33.06 for 43 more installments.
o 2009- Total Contributions $297.54 (October 23rd, 2009)

My entire portfolio (if I cashed my pension out today) is worth $22,13