Saturday, August 7, 2010

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $30,759.43
Additional Contributions since 2009: $4,036.92
Growth: $193.18 (1.22%)


Discontinued 401a Account: Makes up 3.12 % of my Retirement
$961.19/$898.62 invested. (New contributions suspended.)

Discontinued 457 Account: Makes up 3.36% of my Retirement
$1,034.06 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 13.38% of my portfolio
$4,000.00 Invested| Worth $4,115.41
Up 2.885% from inception +$115.41

ShareBuilder Roth IRA Approximately 42.00% of my portfolio
Contributions: $12,750.00
Worth $12,920.16 | UP 1.33% since inception… +$170.16
--------Money Market Cash: $12,920.16

Sold off everything this week. I’m going to put this money into my ING DIRECT CD Savings account. Transfer should take 30 days or less once I mail the forms Monday. I’ll open a Vanguard account with New contributions.

Pension: Approximately 38.13% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,728.61

$2,648.60 (What I’ve put in out of my paychecks) 442.82% 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.

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