Tuesday, January 6, 2009

Hoping 2009 Will Be Better For Retirement Accounts


This morning, I was looking at my employers retirement account. Over the last three months, I lost 10.25% while in the last month I gained 5.82%. Those numbers translate into a loss of $168.70.
Along with the employers match my total contributions, since July, has been $1742.44 with another $82.48 coming from dividends, for a total cost of $1824.92. Overall, my current holdings is $1,656.22.

As for the money that I rolled over from my old 401(k). That fund took a huge hit. I had deposited $4,761.93 back in July, which at the end of September was only $4,013.22. Now, as of close yesterday (Mon. 1/5/09) it is only worth $3,184.13.



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go ahead share your thoughts with me now.

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