Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Has your nest egg fully recovered yet?
Old 01-07-2010, 04:01 PM   #1
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
Has your nest egg fully recovered yet?

I hit an interesting milestone. My net worth had peaked in May of 2008, just today I regained the peak net of new contributions.

I was down 30% at one point (late Feb 09).


Lets see how long it lasts.
__________________

__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-07-2010, 04:03 PM   #2
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,613
The combination of market recovery and my continuing contributions have my 401K at an all-time high. My other largest account, a rollover IRA from a previous employer's 401K, is still almost 25% below its high (not having received any new money since 1999).
__________________

__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 01-07-2010, 04:08 PM   #3
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,015
Interesting...I was in the same boat, but my low point was in March, 09.

Used it as an opportunity to restructure my portfolio and regained all I lost by last week. (No longer adding new $$ to the portfolio; but am not yet withdrawing from the stash, either...nonetheless, it's a lot more fun watching the numbers go up rather than experiencing that gut-wrenching fall last year!)
__________________
Achiever51 is offline   Reply With Quote
Old 01-07-2010, 04:13 PM   #4
Thinks s/he gets paid by the post
Bikerdude's Avatar
 
Join Date: Jul 2006
Posts: 1,901
It's kind of difficult to say as I'm in the "decumulation" phase. However, had I not taken withdrawals from my portfolio I would still be down 6.5% from my 1/1/2008 total. I guess it could have been much worse.
__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
Bikerdude is offline   Reply With Quote
Old 01-07-2010, 04:17 PM   #5
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
Quote:
Originally Posted by Achiever51 View Post
Interesting...I was in the same boat, but my low point was in March, 09.

Mine probably was early March too, but I only keep month end data, and Feb month end was lower than March month end.
__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Old 01-07-2010, 04:26 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,512
Not quite - still down 9.75% from peak of Oct 2007.

In March 2009 I was down 40% from peak.

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 01-07-2010, 04:29 PM   #7
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 3,871
I keep only quarterly data for my retirement assets, while I keep monthly data for my non-retirement asets.

My combined assets peaked in the 3rd quarter of 2007. When I retired in November, 2008, I took a big payout from my company's ESOP. I had to pay about $75k in taxes on it, so I have not yet recovered from both that and the decline in overall values in 2008 and 2009. I am very nearly back to the high-water mark in 2007. Being retired prevents me from adding a lot to it even though my dividends exceed my expenses.

After getting back to my high-water mark (just under $1M), my next goal is to hit the $1M mark.
__________________
scrabbler1 is offline   Reply With Quote
Old 01-07-2010, 04:36 PM   #8
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,932
My nestegg has more than fully recovered in comparison with its prior high in July, 2008 (when I received the final distribution from my inheritance). I did not contribute to or withdraw from my taxable accounts from that time until my withdrawal earlier this week, but I did contribute to the TSP so that helped. Present share prices are not quite back to where they were in July, 2008, but the dividends from my taxable account more than made up for that.

I was absolutely delighted to discover that my present nestegg value not only exceeds its previous high, but exceeds my pre-crash projections as well.

It is as though the market crashes of 2008-2009 never happened. Amazing! What a great way to begin ER.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 01-07-2010, 04:41 PM   #9
Thinks s/he gets paid by the post
Telly's Avatar
 
Join Date: Feb 2003
Posts: 1,448
Down about 13% from October 2007. In decum phase, no new money in. So expenses are coming out of it, including capital items.
__________________
-- Telly, the D-I-Y guy --
Two fools dancing on the hands of time
Telly is offline   Reply With Quote
Old 01-07-2010, 04:52 PM   #10
Full time employment: Posting here.
 
Join Date: Mar 2008
Posts: 704
I'm still down from the peak, but it has come back far enough that I'm still on target to reach my goal for retirement for the fourth time. It almost makes me want to cash out the next time I hit my goal, but I'd still need to be invested through retirement in order for it to last. Also, I'd like to be well above my goal in case I'm wrong on my planning estimates.

I should point out that the first two times I hit my goal, my goal, based on a lot of uncertainty, was a lot higher. It's only been within the last two years that I had a firmer handle on the numbers.
__________________
akck is offline   Reply With Quote
Old 01-07-2010, 05:05 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Location: North of Montana
Posts: 2,753
The bad news:
We're still down about 10% from peak in June 2008. Living expenses included.

The good news:
We both got kicked out of the club. We can't even scare up a family membership.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
kumquat is offline   Reply With Quote
Old 01-07-2010, 05:20 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
I am back to peak net worth. A combination of new contributions, aggressive debt reduction and some very aggressive investing between 12/08 and 4/09 did it. I do not imagine I will ever borrow money to buy securities again, but it sure was lucrative.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Old 01-07-2010, 05:21 PM   #13
Full time employment: Posting here.
VaCollector's Avatar
 
Join Date: May 2007
Posts: 544
You guys don't really want me in this thread do ya?

I've gotta be the absolute worst investor in the universe on this board....and to tell the truth, I don't really know how far down I still am....

Let's see....BAC was at $55/sh....today whoohooo!!! almost $17/share....times 15,000 shares....

Yep....still down.....but definitely up from $3.14/sh in March 2009

Wonder if they'll EVER start payiing a dividend again??

Gotta go beat myself silly....and try to take something for the onset depression caused by thinkin' about this....
__________________
VaCollector is offline   Reply With Quote
Old 01-07-2010, 05:25 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,978
We must all be coming to this realization. When I did my year end net worth I also noticed we have reached our peak net worth again, previously it was Oct 07. Of course it's been through additional contributions, rebalancing and somewhat aggressive investing like others as well. Feels good to be back where we peaked once again...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 01-07-2010, 05:29 PM   #15
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,512
Quote:
Originally Posted by kumquat View Post
The good news:
We both got kicked out of the club. We can't even scare up a family membership.
Yeah, in terms of total net worth I finally crawled out of that club just two days ago!

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 01-07-2010, 05:40 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,287
OK... did not do the calc together...

One big portfolio is still down 15%

The smaller one (about 1/3rd the size of above) is still down 20%...

So probably down 17% total....
__________________
Texas Proud is online now   Reply With Quote
Old 01-07-2010, 07:23 PM   #17
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
Quote:
Originally Posted by VaCollector View Post
You guys don't really want me in this thread do ya?

I've gotta be the absolute worst investor in the universe on this board....and to tell the truth, I don't really know how far down I still am....

Let's see....BAC was at $55/sh....today whoohooo!!! almost $17/share....times 15,000 shares....

Yep....still down.....but definitely up from $3.14/sh in March 2009

Wonder if they'll EVER start payiing a dividend again??

Gotta go beat myself silly....and try to take something for the onset depression caused by thinkin' about this....


Very good to see you back, you are a class act and were missed.

Glad to see you didn't sell at the bottom. I say (warning: dirty market timing advice next) hold your BAC and watch it hit 35 in 18 months. You will retire again my friend.
__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Old 01-07-2010, 07:29 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,626
Still down from the peak in late 2007, but that was a nice run-up to that peak. So we're up from start of 2007.
__________________
LOL! is offline   Reply With Quote
Old 01-07-2010, 07:30 PM   #19
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,132
I only keep quarterly summary data.

Peak was July 1, 07, as of Jan 1st it was 12.4% above that peak.

The lowest point was April 1, 09, as of Jan 1st it was 25.3% above that low.

I was still in the accumulation phase.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Old 01-07-2010, 07:37 PM   #20
Recycles dryer sheets
IBWino's Avatar
 
Join Date: May 2006
Posts: 423
Yup, as of 12/31/09, our NW was slightly above our previous high, but that included continued contributions. We also shifted our AA aggressively into equities in early 2009; we're now back to our original moderate AA. Without the additional contributions, we would still be down a few percent.
__________________

__________________
IBWino is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Isolating our Nest Egg from Others Midpack Other topics 17 12-01-2008 08:01 PM
Nest Egg stuff... mickeyd FIRE and Money 4 06-19-2008 12:29 PM
Cracking the nest egg FlogBlogger FIRE and Money 3 03-13-2007 10:17 PM
How to pass on the nest-egg donheff Young Dreamers 29 02-16-2007 01:27 PM

 

 
All times are GMT -6. The time now is 06:43 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.