About Me

I started this blog to help workers like me take control of their future financial well-being.  For years I made all the the classic retirement investing mistakes:
  1. Not maxing out my 401k
  2. Paying too much in fees for active mutual funds that underperformed their benchmarks when I could have been investing in low cost index mutual funds and etf's
  3. Putting large portions of my portfolio in individual stocks on hot stock tips from friends, 
  4. Cashing out old 401k's when moving to a new employer
Then in the fall of 2016, I decided-no more!  I will not reach my golden years with inadequate savings and an insecure future.  I am taking control of my personal finances and will retire a multimillionaire. I'll be regularly sharing my successes and failures along the way.

Thanks for stopping by my blog,

Audrey



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The Million Dollar 401k – Who Wants to Be a Millionaire?

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Every few months the financial press releases an article on the increasing number of 401k millionaires.“Number of 401k Millionaires reaches all time high”“41% increase in number of million dollar 401k accounts”.  The standard advice is offered on achieving this milestone-401k millionaires stay at the same job for years, are high earners, save enough to get a company match-in fact up to 15% of their earnings, and start saving at an early age.Easy right? Of course the ~150,000 401k millionaires at Fidelity represent less than 1% of their total number of retirement accounts.If it’s so easy why is the average American’s retirement savings only $95k?
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Index Investing 2018 YTD Portfolio Results

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Happy 4th of July!  

I'm continuing my journey to financial freedom despite this depressing market. I thought I'd share a portfolio update as we go into the second half of the year. 








July 2018 YTD Portfolio Performance: Dec 31, 2017 Balance: $234,975.18July 4, 2018 Balance: $265,376.22Total 2017 Contributions (including employer): $26,294.89Allocation: 8-10% bonds depending on the month, delta stocks2018 July YTD Total Return: 1.75%Old Target Date Fund Return including fees: 0.71%FUSVX S&P 500 Index Fund YTD Return: 2.94%
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Fidelity's New Zero Funds - Free Index Fund Investing Is Here!

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