corn18
Thinks s/he gets paid by the post
- Joined
- Aug 30, 2015
- Messages
- 1,890
There was a thread on bogleheads that got me thinking about my 401k and what it's returns have been over the last 10 years. I couldn't figure out an IRR as that made my brain hurt, so I looked at simple math:
$143,457 Total Contributions
$441,387 Current Value
208% ROIC
21% CAGR
I think the growth on the contributions and match (5%) has been 7.62%, which isn't bad for a 30/70 401k. But that free money certainly compounds well to 21% CAGR.
I am planning to convert it all before 70 in the 12% bracket, so the after tax number still look good:
$388,421 after 12% tax
171% ROIC
17% CAGR
Yeah 401K!
$143,457 Total Contributions
$441,387 Current Value
208% ROIC
21% CAGR
I think the growth on the contributions and match (5%) has been 7.62%, which isn't bad for a 30/70 401k. But that free money certainly compounds well to 21% CAGR.
I am planning to convert it all before 70 in the 12% bracket, so the after tax number still look good:
$388,421 after 12% tax
171% ROIC
17% CAGR
Yeah 401K!
