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Old 01-15-2020, 08:05 AM   #1 (permalink)
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401K percentage

I just got a statement for my 401K. It earned over 20% last year. My 401K plan has sucked ever since I got it. During the Obozo years it lost money. (Even though the market was up) During the early Trump years, it barely made bank interest while the market set records. Now this. Guess I'll keep it a bit longer. I'm assuming everyone else is making 40%.

What's the high guys making?
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Old 01-15-2020, 08:09 AM   #2 (permalink)
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How old are you?

Market was up 30'ish % in 2019, but a properly diversified portfolio shouldn't earn the same as an index.

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Old 01-15-2020, 08:09 AM   #3 (permalink)
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29.8% this year.

S&P 500 index funds.

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Old 01-15-2020, 08:16 AM   #4 (permalink)
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I made 28% last year which is pretty much garbage. My 401k isn't that great in terms of which funds I have available to purchase. I manage my wife's 401k as well and her's made 31% which is pretty decent. The funds she has available to purchase are far superior. My 401k does bring in a higher return through dividends though which I don't believe are counted in the rate of return.
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Old 01-15-2020, 08:24 AM   #5 (permalink)
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Market crashed/corrected at the end of 2018 so if you look at YTD returns you're not getting the whole picture.
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Old 01-15-2020, 08:25 AM   #6 (permalink)
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Do you have any "Target Date" investment options? Something like an ETF that pays dividends would also be sweet.
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Old 01-15-2020, 08:29 AM   #7 (permalink)
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Somewhere around 18% if I remember correctly
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Old 01-15-2020, 08:32 AM   #8 (permalink)
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For me is was 21.6%.....

Took out a big chunk to buy some property last year. I've made back about 80% of that withdrawal since then....
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Old 01-15-2020, 08:37 AM   #9 (permalink)
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Mine is spread out across a few different types of investments, but my 2019 gains % was 24.7%

Damn Trump fucking everything up :smoking:
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Old 01-15-2020, 08:39 AM   #10 (permalink)
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29.8% this year.

S&P 500 index funds.
Exact same # here!
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Old 01-15-2020, 08:39 AM   #11 (permalink)
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Old 01-15-2020, 08:40 AM   #12 (permalink)
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Market crashed/corrected at the end of 2018 so if you look at YTD returns you're not getting the whole picture.
That is why the first two people referenced the market which was up 29.5% or so in 2019. Your yearly returns need to be compared to that to see how well you actually did.
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Old 01-15-2020, 08:49 AM   #13 (permalink)
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Unfortunately, I dont have $401k right now. Maybe some day.
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Old 01-15-2020, 08:53 AM   #14 (permalink)
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Keeping some powder dry, waiting on the crash.

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Old 01-15-2020, 08:58 AM   #15 (permalink)
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15.1%. I moved some shit around last year and it screwed me up.

Having sort of a magic window into the future (I do Civil Design) I saw the bubble crash coming and claimed hardship as soon as our work started drying up. Cashed out at over 40% for the year at the time. That was 2007.

The way I saw it, with half of it matched, forfeit 35% to feds and it was a no brainer. But the only way I'd recommend anyone else claiming a hardship would be to pay something off. Like a house.. The money I saved by not having a mortgage payment made up for the tax loss.

But now I've just got to work until I can draw SS. Yet, I'd do it all again in a skinny minute...
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Old 01-15-2020, 09:43 AM   #16 (permalink)
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How old are you?

Market was up 30'ish % in 2019, but a properly diversified portfolio shouldn't earn the same as an index.

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As I understand it, I can withdraw at 59 1/2. (With no penalty) So I was thinking of withdrawing soon to buy real estate, gold or put in safe. It doesn't make much in the safe, so I might let it sit. Don't suppose the market will crash untill the Dems get in. (2024?)
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Old 01-15-2020, 09:50 AM   #17 (permalink)
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If your jumpy pick a target date fund and quit looking at you balances.

If You want all the glory of bitchen returns you better be able to stomach a down turn too or see the future.

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Old 01-15-2020, 10:06 AM   #18 (permalink)
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Market crashed/corrected at the end of 2018 so if you look at YTD returns you're not getting the whole picture.
this. factor in the 10+% drop late 2018 and you're not looking nearly as good

was happy until Dad pointed this out to me when we were talking finances. Not a bad year, but the 1yr return #'s are deceiving
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Old 01-15-2020, 10:15 AM   #19 (permalink)
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20.43% YTD as of 12/31/2019 with all in american century One choice 2055
10% average annual over the last 5 years.
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Old 01-15-2020, 10:27 AM   #20 (permalink)
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29.8% this year.

S&P 500 index funds.
Same here, BUT its only up 15% or so from September of 2018.
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Old 01-15-2020, 10:50 AM   #21 (permalink)
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As I understand it, I can withdraw at 59 1/2. (With no penalty) So I was thinking of withdrawing soon to buy real estate, gold or put in safe. It doesn't make much in the safe, so I might let it sit. Don't suppose the market will crash untill the Dems get in. (2024?)
Market should be good for another year, despite what the analysts and pundits say. Bull markets don't die of old age...

Check your vesting schedule if you have one, but yes 59 1/2 is the number. You'll have taxes to pay unless you roll it into self directed IRA on another tax advantaged account.

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Old 01-15-2020, 10:57 AM   #22 (permalink)
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31.4% for 2019.
27.6% since January 2018.
14.6% since June 2017.

S&P 500
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Old 01-15-2020, 11:51 AM   #23 (permalink)
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30.6% for 2019.
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Old 01-15-2020, 12:03 PM   #24 (permalink)
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+26% for 2019.

From 06/01/2018 - 12/31/19 it's +13.6%

From 06/01/2017 - 12/31/19 it's +24.5%

The company did some wheeling and dealing in there and they bought our company stock back plus there was a devaluation of that stock in there someplace.
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Old 01-15-2020, 12:15 PM   #25 (permalink)
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As I understand it, I can withdraw at 59 1/2. (With no penalty) So I was thinking of withdrawing soon to buy real estate, gold or put in safe. It doesn't make much in the safe, so I might let it sit. Don't suppose the market will crash untill the Dems get in. (2024?)
Check with your agent on this.

You will still pay taxes on the amount withdrawn and it has to have a good reason for withdrawal until you get to appropriate retirement age and start making monthly withdrawals. Buying house, paying for college, new kid in the family as withdrawal reasons...buying gold or stashing in a safe probably doesn't.

BTW, theres a new weirdness going on with traditional IRAs starting 2020 compliments of the new and improved tax reduction bill of 2018.

In a nutshell by the time one hits 72 one has to either rolled it into a Roth IRA, be taking out monthly payments (and pay taxes on the withdrawals) per their schedule or face tax penalties. Apparently saving the $ in a traditional IRA and handing it off to kids on death is now unacceptable to the IRS.
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