401k Rate of Return for 2024

[cchoukal]

Was just looking at my numbers for 2024. My federal 401k rate of return YTD is 14% at the moment. My other retirement account closer to 17%. Curious how others are doing.

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[aneftp]

My ytd Jan 1 2024-Sept 20 2024
Taxable (that I managed myself 19%)
Finance guy manages (21%)
401k and various 457/403b 17% basically just etf of index funds

Lol. Which shows you just keep it in index funds with low fees.

The finance guy doing a little better but that’s before his fees.
70% of my assets are in my retirement anyways.

 

[ChiDO]

Last year 21.4%
YTD: 15.6%
Since 2015: +122% (still in training)

 

[voxveritatisetlucis]

Mine was down -1.5%. Probably a good thing I left finance or I would’ve been fired by now

 

[abolt18]

19-20% across the board, but that's because I'm almost exclusively invested in VTI/VTSAX, so just look at VTSAX YTD and it's up like 19.35%.

My cash is in vanguard money market and getting about 5.25%

 

[linkin06]

around 17%, VTI:VXUS 60:40

 

[rowsdower88]

YTD 401k 14%, Brokerage acct 19.5% almost all etfs

 

[Splenda88]

YTD 401k ~20% (all mega cap)

 

[caligas]

YTD across all accounts 15.5%

I have an issue with that a major part of portfolio is in a mid cap ETF that I chose 20 years ago and has had massive appreciation but it’s in a taxable account so I can’t sell. Mid caps have underperformed recently.

 

[cchoukal]

YTD across all accounts 15.5%

I have an issue with that a major part of portfolio is in a mid cap ETF that I chose 20 years ago and has had massive appreciation but it’s in a taxable account so I can’t sell. Mid caps have underperformed recently.

Do you do any charitable donation? You could use a donor advised fund to sell the appreciated assets into an account tax-free.

 

[abolt18]

Do you do any charitable donation? You could use a donor advised fund to sell the appreciated assets into an account tax-free.

Yes. This. I don't even have a DAF, but I tithe to my church via donation of appreciated shares. It's mutually beneficial. Then I just buy the same amount I donated. A beautiful and easy way to reset the basis.

A good DAF would likely make the book-keeping a little easier, I just haven't found one I wanted to use. Too many choices.

 

[MTGas2B]

Old job 401k, checked this morning, one year 28%. Its ~2/3rds VITSX.

 

[caligas]

Do you do any charitable donation? You could use a donor advised fund to sell the appreciated assets into an account tax-free.

We do about $15k/year but this single ETF holding is worth over a million, so not sure if DAF makes sense here in regards to the relative magnitude. I guess I could be more generous.

 

[Simba1711]

but this single ETF holding is worth over a million,

Must be nice

 

[caligas]

Must be nice

Yeah it’s definitely a “good problem”

 

[cchoukal]

We do about $15k/year but this single ETF holding is worth over a million, so not sure if DAF makes sense here in regards to the relative magnitude. I guess I could be more generous.

I don't know about ETFs, specifically, but I do my DAF through fidelity, and they've been able to take subsets of individual stocks and mutual fund shares, even ones not held by Fidelity. If you're doing 15K per year in after-tax income going to charities, I would think you could do that amount via appreciate shares in the ETF via a DAF and come out ahead by the percentage of your effective tax rate (since you're using after-tax money to make the donations currently?). There are a few rules around how much of the DAF you have to give away in a given year (so you'd make an annual transfer of the shares, rather than all at once; a tax professional could easily clarify all this). Prior to transitioning all my appreciated assets to my home construction project (eh hem...), I would sell 10-15K of various stocks or funds per year into the DAF and then "grant" those proceeds to my various liberal-leaning, left-wing crackpot charities. The DAF interface made it very easy to be sure I was giving to qualified charities and keeping the paper trail up to date.

EDIT: My tax professional thinks I should be more generous, too...

 

[Iso4ane]

YTD is 19-20% in work-related retirement accounts. closer to 25% on personal brokerage.

 

[Guillemot]

Down about 75% YTD. Went all in on DJT when it IPO'd earlier this year. Did not foresee it going down the shltter like the rest of his businesses.

 

[caligas]

Down about 75% YTD. Went all in on DJT when it IPO'd earlier this year. Did not foresee it going down the shltter like the rest of his businesses.

Don’t worry, you can make it back with his cryptocurrency

 

[abolt18]

Down about 75% YTD. Went all in on DJT when it IPO'd earlier this year. Did not foresee it going down the shltter like the rest of his businesses.

You for real? All in? How much are we talking? Tens of thousands? Hundreds of thousands? Millions?

 

[Arch Guillotti]

You for real? All in? How much are we talking? Tens of thousands? Hundreds of thousands? Millions?

Billions. Nobody has ever seen anything like it before.

 

[sevoflurane]

 

[sevoflurane]

 

[sevoflurane]

No financial advisors.
The two above are 55-65% of my portfolio.

 

[sevoflurane]

The finance guy doing a little better but that’s before his fees.
70% of my assets are in my retirement anyways.

They always get paid in post tax dollars.

3 mil portfolio is 30k post tax.

 

[IlDestriero]

I just looked at a statement the other day and I think it was 19.x. That’s the main retirement account.
My personal account is no bueno as I bought a bunch of Rivian. Though I know that’s a high risk investment.
I’m going all in on TrumpCoin though! That’s a winner. Bigly!

 

[caligas]

View attachment 392648

Why is VOO outperforming the S&P?