Here is an interesting View of how IRA work !!!

Posted by JD Seller on January 05, 2015 at 17:23:16 from (208.126.198.123):

I moved an Simple IRA from the investing company that the last dealership used. They messed up and left $80 in the account. I did not find out about it until a few years after that. I just left it to see how it compared to the one I rolled it over into. It has done a little worst than the "new" account but not by more than 1%.

Here is a summation of how the year end balances have gone.

3/12/03 $80
12/31/03 $992
12/31/05 $29
12/31/07 $740
12/31/09 $643
12/31/11 $734
12/31/13 $998
12/31/14 $1076

It is in a balanced mutual fund. Fees are $10 per year.

The trouble with these type of funds is the uncertainty of the value when you retire.

IF you had retired in $2005 you would have been sunk.

Now 2005 would have been a great time to add money to the fund.

The trouble is all of this is 20/20 hind sight.

If you look at what the fund had done over the life time of investment it is at 8.84% annual return. That is not too bad but not great when you consider inflation.

The long a short of it is that you never really know if you will have enough "saved" to live out your life until the end. LOL

Replies:

• Re: Here is an interesting View of how IRA work !!! Olliekid 11:23:05 01/07/15 (0)
• Re: Here is an interesting View of how IRA work !!! W_B 06:21:07 01/07/15 (0)
• Re: Here is an interesting View of how IRA work !!! pete 23 10:51:24 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! JD Seller 05:22:34 01/06/15 (2)
  • Re: Here is an interesting View of how IRA work !!! Duner Wi 09:41:43 01/06/15 (0)
  • Re: Here is an interesting View of how IRA work !!! MarkB_MI 06:44:57 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! mkirsch 05:12:51 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! Mike M 05:11:32 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! LAA 05:04:31 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! Duner Wi 04:48:38 01/06/15 (0)
• Re: Here is an interesting View of how IRA work !!! John_PA 22:05:00 01/05/15 (0)
• Re: Here is an interesting View of how IRA work !!! Bob Harvey 21:29:36 01/05/15 (0)
• Re: Here is an interesting View of how IRA work !!! RandyB(MI) 18:29:53 01/05/15 (0)
• Re: Here is an interesting View of how IRA work !!! ted in NE-OH 17:58:31 01/05/15 (0)
• Re: Here is an interesting View of how IRA work !!! MarkB_MI 17:39:02 01/05/15 (2)
  • Re: Here is an interesting View of how IRA work !!! JD Seller 17:59:09 01/05/15 (1)
    • Re: Here is an interesting View of how IRA work !!! MarkB_MI 18:24:43 01/05/15 (0)

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