Saturday, March 5, 2011

Retirement Update

The Goal is to get the Green space to take over the purple =)

Mutual Funds:
  • Discontinued work 401a: $1,072.83
  • Vanguard Savings (eventually for mutual funds once I get $3k) $500.00

Cd's/Savings/Money Market

  • Roth IRA @ ING: $19,416.51
  • Discontinued work 457: $1,035.44

If I quite my job tomorrow and cashed out my pension, it would be worth $15,781.71 or I could wait till 55 and draw an actual pension since i'm vested which would be equivalent to $6,735.08 a year until I croak. If I Keep working untill i'm 56, my pesnion would be worth $38,350.00 a year till i die, or $33,096.00 if I take an option that provides benefits to a spouce if I die first.

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