Saturday, November 6, 2010

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $35,031.28
Additional Contributions since 2009: $8,228.37 (including pension)
Non Pension Growth: $273.58 (1.72%)


Discontinued 401a Account: Makes up 2.84 % of my Retirement$994.31/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.95% of my Retirement$1,034.61 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 50.90% of my portfolio$17,832.30/$17500.00
Up 1.898% from inception +$332.30

Pension: Approximately 43.30% of my portfolio If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $15,170.06

$3,113.07 (what I’ve put in out of my paychecks) for a 487.30% Return from inception

• Service Credit as of 2010 Statement: 5.870 Years of Service
• Unmodified Pension allotment 2.7% @ 55 = $5,927.27 a year or 493.94 a month (2% COLA every 2 years… using current Salary)

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