Retirement Update

It's been a while since we have logged in to our retirement savings and taken an honest look at the numbers.

We have been contributing on autopilot through our work accounts and to my pension, but now that January is here, we can look at some real numbers and figures for a snap shot.






Hubs 401k - 2016 Beginning Balance - $6,002.60 | Ending Balance $10,568.39

• Contributions: $2,773.47
• Employer Match: $1,065.16
• Fees: $-7.07
• Change in Market Value: +$734.22 | 8% Rate of Return

Hubs Roth IRA:

• Balance: $6,481.20 | Rate of Return 8.85%

My 457 - 2016 Beginning Balance - $1,887.68 | Ending Balance $2,991.66

• Contributions: $960.00
• Fees: -$0.37
• Change in market value: +$144.35 | 6.7% Rate of Return

My 401a - 2016 Beginning Balance - $1,447.76 | Ending Balance: $2,482.16

• Employer Match: $900.00
• Change in Market Value: +$134.40 | 8% Rate of Return

My Roth IRA: 

• Balance: $47,477.71 | Rate of Return 8.73%

Total: $70,001.12

Pension: Cash out Balance: $49,361.05

• Formula 2.75% @ 55 years / 12.516 years of service
• Annual Pension if I quit today: $17,704.58 a year 
• Annual Pension if I quit at 55 and don't receive a pay raise ever (so using today's dollars): $45,480.00 - $51,276.00 depending on which option I choose.

Retirement Update

It's the end of the 4th quarter of 2014 so I thought it was only pertinent to check back up on our retirement accounts, especially since we have a brand new Roth IRA for South County Boy.

According to Fidelity, by age 35 you should have been able to save your annual salary... by age 45 you should have 3 times your salary saved... by 55 you should have 5 times your salary saved... and by 67 you should have 8 times you salary, assuming you work until age 67...

I have no idea if we are going to work until 67... I hope not, but those are just benchmarks and if you want all the details on how they got to that one, you can check out this article here.

So how are we doing? (Numbers pulled 4/10/14)

South County Girl:
On average, i'll make slightly under $53,000.00 this year.
Roth IRA's:

• Vanguard: $30,780.47
• Capital One 360: $10,056.46  (man I need to transfer this!)
• In savings for 2014: $827.96

457/401a:

• ICMA- RC: $3,111.82

Before my pension, I've got $44,776.71 saved, which is almost 84% of my salary!

Pension
The current cash value of my pension is $32,315.56... I have to say I'm really proud that my own retirement savings are larger! Pensions are slowly becoming a thing of the past so we like to pretend it doesn't exist and save outside of it. Hopefully by doing so it means we will really to both retire at 55 and enjoy life more fully. The cash contributions/interest can never be taken away from me... but they can change the formula used for calculating my pension.

• I currently work assuming a 2.7% formula @ 55 years. I could go to work tomorrow and HR could tell me, starting today, you're earning a pension that will pay out with this new formula: 2% at 60... 
• The almost 10 years I have worked at would use my current formula, but the new formula would go into place for the next 20 years down the line, significantly reducing the amount of money I would get in retirement.... and any pension I pull automatically forfeits the cash value.   

Right now if I were to quit my job, my formula would "lock in" and I would get $5,688.36 a year or $474.03 a month. It would only take 68 months or 5.68 years to go through the cash balance, making it smarter to pull a pension... but that money gets to sit in the account for 27 years earning 6% interest... which means at 55, it would be $162,635.63... taking almost 28.5 years to pay down... making me 83. With the cash, I know I'd pull more then the $474.03 a month so it wouldn't last me 28.5 years in reality. Pulling the pension and forfeiting the cash would be a safe bet because Hubs would keep getting the check if I snuffed it and we'd have our other accounts to help us out.

South County Boy:
I'm going to estimate that South County Boy makes $27,000 a year. ($880 a paycheck for 26 paychecks... add in a $4k profit sharing check & I rounded up for the occasional Over Time).

Roth IRA: 

• Vanguard: $5,500.00

401k:

•  Fidelity: $752.38 (vested balance) | $1,128.59 (balance w/ employer contributions)

Total using vested balance: $6,252.38 | 23.15% of his salary. 

I'm actually proud of this because we just started this last year and we will hopefully make the 2014 goal and again, we will only be turning 28 this year... so if he keeps working, we should be able to hit the benchmark by the time he reaches 35. 

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.

Retirement Update

While my pension is really cool and everything, I don't want to calculate it in my retirement accounts anymore. Essentially it's like my version of social security now that I'm vested. I won't be cashing out the account at 55 because I'll be using it for my pension... So, some changes are in order. Ideally I'd like to get a good mix of investments going so I can get a healthy portfolio of awesomeness built. I like target date accounts because they make things easier for me... but they generally don't go as conservative as i'd like them to be for what I need them to do. I know they will get more conservative as time goes on... but not the way I think they should (we do not want a repeat of the last depression that happened in the market)... but I need the aggressive investing too since i'm young... So i'm going to split my retirement subjects by my age. 100 minus my current age (24) says 76% of my portfolio should be mutual funds, 24% safe investments. So my goal is to reposition my accounts (once i'm able to open the vanguard account) to these percentages. So i've combined my retirement accounts by their type and made a graph... That Green area needs to grow.


Mutual Funds

• Discontinued 401a account: $1,070.98
• Future Vanguard money: $250.00

Money Market/Cd's

• Discontinued 457 account $1,035.29
• ING Roth IRA: $19,395.14

Once my accounts are finally all set up and open, i'll transfer some of the liquid money from ING to my Vanguard account to slowly make the porportions better.... but I can't do that until I actually get the $3,000.00 to open my Vanguard 2040 Target Date Account... than every 3 months i'll rebalance it if one sector is really growing and the other one is floundering.

Pension Value:

• Cash in the account: $15,705.50
• Monthly pension (unmodified) $557.05 before taxes.

Retirement Perspectives

I can’t wait to be investing again in mutual funds… it’s so sad to see all my accounts practically liquid right now earning nada… but it will be better this way in the long run as i will be able to simplify accounts on my terms, and when my new last name is already in place… I’d rather have $3,000.00 of new money and open an account online myself, than deal with people over the phone and waiting for things to go through…

End of 2010 Balance: $36,904.90 | New balance: $37,330.54
Additional Contributions since 2010: $402.42 (including pension deductions)
Non Pension Growth for 2011: $23.22 (0.11%)

Discontinued 401a Account: Makes up 2.77 % of my Retirement
$1,033.06/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.77% of my Retirement
$1,035.20 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 51.92% of my portfolio
$19,382.99/$19,000.00

Vanguard Account (I need $3k to open one) .67% of my portfolio
$250.00… $2,750.00 to go

Pension: Approximately 41.87% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn)… or I could wait and pull a pension at 55.

Total Cash in the Account for the lump sum option: $15,629.29

• If I quit tomorrow and didn’t work another day in my life, at 55 I’d get $6,634.10 a year or $552.84 a month (before taxes) if I took an unmodified distribution… So best to keep working…

Assuming I work and retire with 38 years of service, and am at LEAST 55 when I retire, I’d probably go for option 2… (take less at retirement to insure a surviving spouse gets money too).
• Option 2: my spouse and I would get $2,758 a month… if I croak first, hubby gets $2,758.00 a month till he dies… if he dies first, I’d get $3,195.83 (the unmodified amount) a month till I die.

Excluding my pension, all my other retirement income totals $21,701.25

Retirement Perspectives... final 2010

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $36,904.90
Additional Contributions since 2009: $10,035.18 (including pension)
Non Pension Growth: $340.39 (2.14%)

Discontinued 401a Account: Makes up 2.76 % of my Retirement
$1,019.03/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.80% of my Retirement
$1,035.03 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 52.50% of my portfolio
$19,373.97/$19,000.00
Up 1.96% from inception +$373.97

Pension: Approximately 41.94% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn)… or I could wait and pull a pension at 55 since I’m vested.

Total Cash in the Account for the lump sum option: $15,476.87 (this is the amount I value my pension at.)

• Service Credit as of 2010 Statement: 5.870 Years of Service
• If I quit tomorrow and didn’t work for Cal Pers ever again, nor anyone else for that matter (so no social security), my pension would equal $5,927.27 a year or $493.94 a month (before taxes)… and I wouldn’t begin receiving the money until I was 55 years old. So best to keep working =)

Assuming I work and have 38 years of service, and am at LEAST 55 when I retire, I’d probably go for option 2… (take less at retirement to insure a surviving spouse gets money too).
• Option 2: my spouse and I would get $2,758 a month… if I croak first, hubby gets $2,758.00 a month till he dies… if he dies first, I’d get $3,195.83 (the unmodified amount) a month till I die.

Excluding my pension, all my other retirement income totals $20,428.03

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $35,792.16
Additional Contributions since 2009: $8,959.00 (including pension)
Non Pension Growth: $303.83 (1.91%)

Discontinued 401a Account: Makes up 2.81 % of my Retirement
$1005.85/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.89% of my Retirement
$1,034.91 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 51.27% of my portfolio
$18,350.71/$18,000.00
Up 1.94% from inception +$350.71

Pension: Approximately 43.03% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn)… or I could wait and pull a pension at 55 since I’m vested.

Total Cash in the Account for the lump sum option: $15,400.69 (this is the amount I value my pension at.)

• Service Credit as of 2010 Statement: 5.870 Years of Service
• If I quit tomorrow and didn’t work for Cal Pers ever again, nor anyone else for that matter (so no social security), my pension would equal $5,927.27 a year or $493.94 a month (before taxes)… and I wouldn’t begin receiving the money until I was 55 years old. So best to keep working =)

Assuming I work and have 38 years of service, and am at LEAST 55 when I retire, I’d probably go for option 2… (take less at retirement to insure a surviving spouse gets money too).
• Option 2: my spouse and I would get $2,758 a month… if I croak first, hubby gets $2,758.00 a month till he dies… if he dies first, I’d get $3,195.83 (the unmodified amount) a month till I die.

Excluding my pension, all my other retirement income totals $20,391.47

Retirement Update time

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $35,452.30
Additional Contributions since 2009: $8,632.79 (including pension)
Non Pension Growth: $290.18 (1.83%)

Discontinued 401a Account: Makes up 2.81 % of my Retirement
$995.13/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 2.92% of my Retirement
$1,034.81 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 51.05% of my portfolio
$18,097.88/$17,750.00
Up 1.959% from inception +$347.88

Pension: Approximately 43.23% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn)… or I could wait and pull a pension at 55 since I’m vested.

Total Cash in the Account for the lump sum option: $15,324.48

• Service Credit as of 2010 Statement: 5.870 Years of Service
• If I quit tomorrow and didn’t work for Cal Pers ever again, no anyone else for that matter (so no social security), my pension would equal $5,927.27 a year or $493.94 a month (before taxes)… and I wouldn’t begin receiving the money until I was 55 years old. So best to keep working =)

----
When I retire, I would most likely go with option 2 instead of the unmodified benefits, which would allow my spouse to receive benefits if he were to outlive me. It means that we agree to take less than the unmodified plan for the duration of our retirement. If I were to survive my spouse, my benefits would increase to the unmodified plan, since I would have no beneficiaries.

Option 2 (assuming I retire at age 56 and a few months with 38 years of service, “using today’s dollars”)
My spouse and I would get $2,758 a month… if I croak first, hubby gets $2758.00 a month till he dies…

if he dies first, I’d get $3,195.83 (the unmodified amount) a month till I die.

Excluding my pension, all my other retirement income totals $20,127.82

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)

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)

Retirement Perspectives

I got paid on Friday so I went ahead and updated my retirement spread sheet. Here's what it looks like now. I can't wait until 2011 when i'll start saving up for my Vanguard Account and get back into real investing again. =)

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,584.47
Additional Contributions since 2009: $4,844.97
Non Pension Growth: $210.17 (1.32%)

Discontinued 401a Account: Makes up 3.00 % of my Retirement
$948.14/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 3.28% of my Retirement
$1,034.41 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 55.61% of my portfolio
$17,565.26/$17250.00
Up 1.827% from inception +$315.26

Pension: Approximately 38.11% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $12,036.66

$2,956.65 (What I’ve put in out of my paychecks) 407.10% 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, but I’ll be having $33.06 deducted from each paycheck for a while….

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,487.02
Additional Contributions since 2009: $4,766.76
Growth: $190.93 (1.20%)

Discontinued 401a Account: Makes up 2.96 % of my Retirement
$933.30/$898.62 invested. (New contributions suspended.) Target Date

Discontinued 457 Account: Makes up 3.29% of my Retirement
$1,034.36 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 55.77% of my portfolio
$17,560.91/$17250.00
Up 1.802% from inception +$310.91

Pension: Approximately 37.98% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,958.45

$2,878.44 (What I’ve put in out of my paychecks) 415.44% 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, but I’ll be having $33.06 deducted from each paycheck for a while….

Retirement Update

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,119.68
Additional Contributions since 2009: $4,438.55
Growth: $401.80 (2.53%)

Discontinued 401a Account: Makes up 2.92 % of my Retirement
$908.70/$898.62 invested. (New contributions suspended.) Bond Fund

Discontinued 457 Account: Makes up 3.32% of my Retirement
$1,034.25 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 54.78% of my portfolio
$17,046.49/$16,750.00
Up 1.77% from inception +$296.49

Pension: Approximately 38.18% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,880.24

$2,800.23 (What I’ve put in out of my paychecks) 424.25% 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, but I’ll be having $33.06 deducted from each paycheck for a while….

Retirement Perspectives MY MONEY IS ALL MOVED OVER NOW!

**Since my accounts basically are almost entirely out of the market at this point, i'll be updating my "retirement perspectives" every pay cycle (every 2 weeks) instead of every week.

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $30,717.35
Additional Contributions since 2009: $4,036.12
Growth: $151.90 (0.96%)

Discontinued 401a Account: Makes up 2.99 % of my Retirement
$918.37/$898.62 invested. (New contributions suspended.)

Discontinued 457 Account: Makes up 3.37% of my Retirement
$1,034.13 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 55.46% of my portfolio
$17,037.04/$16,750.00
Up 1.713% from inception +$287.04

The money is all moved over now!!!! To think if I would have just saved it all in here in the first place I’d have a lot more to show for it (and much better CD rates for sure), but that’s what investing in your 20’s is all about… making choices and taking a few risks early (to learn what to do and what not to do), and then moving forward with those lessons hopefully learned (and not too painfully).

At least my adventure in a variety of mutual funds didn’t cost me any of my principle investment (just inflation eating it away since I definitely didn’t gain much.) Sure there was the “Thrill” when the account went up and I thought all about those “dividend” gains too… but then there’s the crappy feeling of seeing your account lose value… loose principle value… and that just hurts.

I think it will be smart to just save the rest of my contributions for 2010 in a non retirement savings account and decide what to do in March before the contribution cut off period for 2010. By that time I’ll either have the $3,000.00 to open another investment account at Vanguard, or I’ll be able to drop that into the savings account and slowly buy some CD’s with it. Liquid it earns 1.10%... the highest CD they offer is 1.25% for 3, 4 or 5 years. Each month I’m taking a few hundred bucks and plopping it in a CD and keeping the rest liquid as I hope to see interest rates get higher.

Pension: Approximately 38.18% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,727.81

$2,647.80 (What I’ve put in out of my paychecks) 442.92% 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, but I’ll be having $33.06 deducted from each paycheck for a while….

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $30,796.83
Additional Contributions since 2009: $4,113.13
Growth: $154.37 (0.97%)

Discontinued 401a Account: Makes up 2.99 % of my Retirement
$921.87/$898.62 invested. (New contributions suspended.)

Discontinued 457 Account: Makes up 3.36% of my Retirement
$1,034.10 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 13.36% of my portfolio
$4,000.00 Invested| Worth $4,115.88
Up 2.897% from inception +$115.88

ShareBuilder Roth IRA Approximately 41.95% of my portfolio
Contributions: $12,750.00
Worth $12,920.16 | UP 1.33% since inception… +$170.16
--------Money Market Cash: $12,920.16

I mailed the paperwork and ING Direct received it… so any week these funds will move to my ING Direct CD/Savings accounts, and I’ll start saving towards the $3,000.00 in need to open a Vanguard account.
($2,250.00 left to invest for 2010, than Jan, Feb, March of 2011 will let me open the account by the deadline to drop my 2010 contributions in, and I’ll have $4,250.00 to use for 2011 investing.)

Pension: Approximately 38.33% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,804.82

$2,724.81 (What I’ve put in out of my paychecks) 433.23% 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, but I’ll be having $33.06. deducted per paycheck for a while….

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.

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $30,640.99
Additional Contributions since 2009: $3,960.71
Growth: $150.96 (0.95%)

Discontinued 401a Account: Makes up 3.08 % of my Retirement
$944.59/$898.62 invested. (Target Date 2040 account)

Discontinued 457 Account: Makes up 3.57% of my Retirement
$1,033.91 (Earns pennies a week and I can’t move the $$$$ until I quit.)

ING DIRECT CD Roth IRA: Makes up 11.78% of my portfolio
$3,500.00 Invested| Worth $3,610.48
Up 3.16% from inception +$110.48

ShareBuilder Roth IRA Approximately 43.73% of my portfolio
Contributions: $13,250.00
Worth $13,399.50 | UP 1.13% since inception… +$149.50
--------IDSLX $2,253.40| I have 267.307 Shares
--------ARDVX $2,245.97 | 257.565 Shares
--------Money Market Cash: $8400.13
--------$$ I haven’t deposited into the account yet: $500.00

Sold off most of IDSLX this week so I can move the funds to a Roth IRA at Vanguard. I’m hoping the market will stay stable this week so I can sell off the rest of it, and then sell off ARDVX and then initiate the transfer to Vanguard.

Pension: Approximately 38.03% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,652.40

$2,572.39 (What I’ve put in out of my paychecks) 452.98% 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, but I’ll be paying $33.06 for 23 more installments.

Retirement Perspectives

Ladies and Gents, were back in the GREEN!!! Also, my 401a account is officially discontinued till who knows when (it fell to the ecomony)...

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $29,508.30
Additional Contributions since 2009: $2,884.50
Growth: $94.47 (0.60%)

Discontinued Work 457 Account: Makes up 3.57% of my Retirement
$1,033.91

Discontinued 401a Account: Makes up 3.20 % of my Retirement
• Employer Contributions: $898.62 (stopped 7/17/2010)
• Worth $944.59 | UP 5.12% from inception, $45.97
---------VPRKX (Target date 2040) (86.0156 shares)

ING DIRECT CD Roth IRA: Makes up 8.85% of my portfolio
$2,500.00 Invested| Worth $2,610.33
Up 4.41% from inception +$110.33

ShareBuilder Roth IRA Approximately 45.22% of my portfolio
Contributions: $13,250.00
Worth $13,343.21 | UP .70% since inception… +$93.21
--------IDSLX $8,599.47| I have 1,024.967 Shares
--------ARDVX $2,043.73 | 234.642 Shares
--------Money Market Cash: $2,200.01
--------$$ I haven’t deposited into the account yet: $500.00

Attempting to Sell off IDSLX to move funds to Roth IRA at Vanguard (If the Dow is Positive I generally sell $500.00 of IDSLX… Dow Negative, I buy $100.00 of ARDVX. When all of IDSLX is sold, I’ll sell ARDVX and initiate the new account at Vanguard.)

Pension: Approximately 39.23% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,576.19

• 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, but I’ll be paying $33.06 for 24 more installments (made 28 payments out of 52 so far).

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $28,930.83
Additional Contributions since 2009: $2,558.72
Growth: $-157.22 (-0.99%)

401 Account: Approximately 3.14 % of my portfolio
• Contributions: $884.38 (Employer Paid 1% of Salary)
• Worth $907.46
UP 2.61% from inception, $23.08
VPRKX (Target date 2040) (86.0156 shares)

457 Account: Approximately 3.57% of my portfolio
• Discontinued Employer funded plan that I can’t close… interest=pennies
$1,033.91

ING DIRECT Roth IRA: Approximately 9.02% of my portfolio
$2,500.00 Invested| Worth $2,609.30
Up 4.20% from inception +$104.94
-CD’s ranging from 1.25% to 4.5%

ShareBuilder Roth IRA Approximately 44.47% of my portfolio
• $13,000.00 Invested | Worth $12,865.51
DOWN 1.03% since inception… -134.49
IDSLX $10,416.37| I have 1,265.658 Shares
ARDVX $1,699.13 | 199.428 Shares
Money Market Cash: $500.01
Not deposited Contributions: $250.00

I got the new Vanguard Application… but I’m going to sit on it until I can sell off all of IDSLX. At $8.42 a share I don’t loose anything. It’s currently at $8.23 a share. If my account gets positive (Like if ARDVX bounces back since I’m still buying that) I’ll sell ING for less than $8.42.)

Pension: Approximately 39.80% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,514.65

• 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, but I’ll be paying $33.06 for 25 more installments (made 27 payments out of 52).

Retirement Perspectives

End of 2009 Balance: $26,529.33 | Current 2010 Balance: $28,460.37
Additional Contributions since 2009: $2,558.72
Growth: $-627.68 (-3.95%)

401 Account: Approximately 3.03 % of my portfolio
• Contributions: $884.38 (Employer Paid 1% of Salary)
• Worth $863.60
o Down 2.35% from inception, -$20.78
o VPRKX (Target date 2040) (86.0156 shares)

457 Account: Approximately 3.63% of my portfolio
• Discontinued Employer funded plan that I can’t close… interest=pennies
o Positive $1,033.87

ING DIRECT Roth IRA: Approximately 9.15% of my portfolio
$2,500.00 Invested| Worth $2,604.94
Up 4.20% from inception +$104.94
-CD’s ranging from 1.25% to 4.5%

ShareBuilder Roth IRA Approximately 43.72% of my portfolio
• $13,000.00 Invested | Worth $12,443.31
o DOWN 4.28% since inception… -556.69
o IDSLX $10,061.98| I have 1,265.658 Shares
o ARDVX $1,631.32 | 199.428 Shares
o Money Market Cash: $500.01
o Not deposited Contributions: $250.00

I got the new Vanguard Application… but I’m going to sit on it until I can sell off all of IDSLX. At $8.42 a share I don’t loose anything. It’s currently at $7.95 a share. If my account gets positive (Like if ARDVX bounces back since I’m still buying that) I’ll sell ING for less than $8.42. I’m not sure if there’s still an option to buy more of it since they are eliminating the fund soon…

Pension: Approximately 40.46% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).

Total: $11,514.65

• 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, but I’ll be paying $33.06 for 25 more installments (made 27 payments out of 52).

My entire portfolio (if I cashed my pension out today) is worth $28,460.37