<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Retirement Accounts are Moving Up

Retirement Accounts are Moving Up

March 9th, 2012 at 02:04 pm

I haven't been checking retirement balances much lately, since it is usually bad news. However, I check after yesterday's closing and was surprised to find that the total of our accounts neared $165K. It seems not too long ago that we got to the $100K milestone. I just checked and that was in late November of 2009, so just a mere two plus years. Of course, it could have been much better, but I'll take where we are.

I'd love to see $175K or more by the end of the year. It is possible just by adding in our contributions, but you never know with the market lately.

The girls college funds are just under $20K combined. Also liking this. It will definitely help when the time comes!!

Have you been keeping an eye on your long term investments or were you ignoring them a bit like I was?

Posted in Saving | 4 Comments »

4 Responses to “Retirement Accounts are Moving Up”

  1. MonkeyMama Says:
    March 9th, 2012 at 04:24 pm 1331310248
    1331310248

    I keep an eye on our investments (not that it matters day to day, but since it is in my Quicken I always know where we are at).

    It's only been about 12 months since we hit the $100k mark, and we are already up to $120k. I know it's been a really good couple of months in the market, BUT, I feel like we are really seeing compounding starting to work. Definitely new territory for us. It was really all about the contributions for the first six figures.

    I had some uber aggressive goal at some point to have $150k in there by the end of this year, and that goal was made when I was receiving a substantial match. Anyway, if market stays hot all year, we could make the goal, since we plan to contribute a lot this year. It blows my mind.

  2. snafu Says:
    March 9th, 2012 at 04:27 pm 1331310478
    1331310478

    While it's wonderful that your retirement plan and dks college is up from 11/09. Does that mean it's up from your actual sums invested or up from the horrid mkt. in 2009?

    You can usually make adjustments in your portfolio to avoid slippage. It's your money and your responsibility to make decisions that benefit you...not the sales agent/representative. There are a lot of smart guys on SA or use a Certified Financial Planner for advice that fits your profile/comfort zone.

  3. Ima saver Says:
    March 9th, 2012 at 04:57 pm 1331312250
    1331312250

    I keep track of my investments or net worth every month.

  4. creditcardfree Says:
    March 9th, 2012 at 05:25 pm 1331313904
    1331313904

    @snafu, we are up with total investments. I track it a bit more than might have been evident in this post. I invest all our money without a agent...who wants to pay those fees? I do have a background in financial investments.

    @MM, the gist of the post was to indicate just how fast it does seem to get moving once one hits six figures and with the market moving up!!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]