Replies to Msg. #856036
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 Msg. #  Subject Posted by    Board    Date   
59635 Re: Continuing 2013 For KTC
   Ya just ain't to bright, is ya OCU? 40% of your money in cash? Wi...
Zimbler0   FFFT   03 Jan 2014
6:58 AM
59607 Re: Continuing 2013 For KTC
   ocu ...mine doubled. I "shorted" everything Obama showed an interest...
ribit   FFFT   03 Jan 2014
12:33 AM
59597 Re: Continuing 2013 For KTC
   OCU: Sure! Rub it in. How would you like it if your wife called you...
killthecat   FFFT   02 Jan 2014
10:23 PM

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Re: Continuing 2013 For KTC

By: oldCADuser in FFFT
Thu, 02 Jan 14 9:48 PM
Msg. 59595 of 65535
(This msg. is a reply to 59591 by killthecat)
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Speaking of the markets, I've got the final figures for 2013.

My 401k, for the year, increased in value by 12.78% while my wife's tax-deffered investment account (which was a roll-over from her 401k when she retired 6 years ago) increased 24.63%. Note that her account is only about 1/5 the size of mine but is 95% equities, while mine is close to 40% cash (money market), thus the difference in overall returns. We are still not taking any withdrawals from either account and since I'm still working I continue to defer the maximum income allowed, which when combined with the company matching, came close to $32,000 this past year. So if I continue to work for another 2 years (that's the current plan) and even if we only see returns of half of what we did this past year, we should be setting pretty good for when we will have to start taking payments from those accounts to supplement our pensions (of which I'm already getting monthly payments from two with one that I can defer for another 4 years or so) and social security (which my wife is already receiving but which I'm deferring until I actually retire).

And BTW, the market value of our house increased by about 21% as well (the mortgage is 25% of the current value with an interest rate of only 3.125%).

All in all, it was a very good year indeed.




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