My retirement funds, (minus my pension) grew 2.14% last year... not amazing by any means... if I were to toss in my pension, Hot Dang! my retirement portfolio would be rocking since my funds grown automatically 6%, plus my employer throws in 5% of my paycheck in there on top of the 3% I put in... but I like to pretend my pension isn't really there.
According to U.S. Inflation Calculator, last years inflation rate was 1.1%... so for a year of pulling almost all of my money out of the market... i'm proud I at least beat inflation and kept my principle investment intact. I took some valuable learning experiences, and now I think I'm ready to invest smart.
for 2011, i'll be entering the target date retirement world in August after I have the $3,000.00 saved up that I'll need to open my Vanguard account. Hopefully I'll see better growth, but because I won't be investing till later in the year, my goal is to try and grow my money to at least pace with inflation again for 2011.
Yeah, my account grew 16 percent last year. You picked a horrid time to get out of the stock market.
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