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.
| 