Saturday, November 20, 2010

Retirement Update

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $35,344.18
Additional Contributions since 2009: $8,556.58 (including pension)
Non Pension Growth: $258.27 (1.63%)


Discontinued 401a Account: Makes up 2.76 % of my Retirement
$976.99/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.93% of my Retirement
$1,034.71 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 51.17% of my portfolio
$18,084.21/$17,750.00
Up 1.88% from inception +$334.21

Pension: Approximately 43.14% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $15,248.27

$3,191.28 (what I’ve put in out of my paychecks) for a 477.81% 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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