Saturday, August 14, 2010

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $30,796.83
Additional Contributions since 2009: $4,113.13
Growth: $154.37 (0.97%)

Discontinued 401a Account: Makes up 2.99 % of my Retirement
$921.87/$898.62 invested. (New contributions suspended.)

Discontinued 457 Account: Makes up 3.36% of my Retirement
$1,034.10 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 13.36% of my portfolio
$4,000.00 Invested| Worth $4,115.88
Up 2.897% from inception +$115.88

ShareBuilder Roth IRA Approximately 41.95% of my portfolio
Contributions: $12,750.00
Worth $12,920.16 | UP 1.33% since inception… +$170.16
--------Money Market Cash: $12,920.16

I mailed the paperwork and ING Direct received it… so any week these funds will move to my ING Direct CD/Savings accounts, and I’ll start saving towards the $3,000.00 in need to open a Vanguard account.
($2,250.00 left to invest for 2010, than Jan, Feb, March of 2011 will let me open the account by the deadline to drop my 2010 contributions in, and I’ll have $4,250.00 to use for 2011 investing.)


Pension: Approximately 38.33% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,804.82

$2,724.81 (What I’ve put in out of my paychecks) 433.23% Return from inception.

I’m currently buying additional time in my retirement accounts from when I was 16-18 years of age (Cal PERS service prior to membership). It’s less than a year’s worth of service credit, but I’ll be having $33.06. deducted per paycheck for a while….

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