The market (Dow Jones average) had a good start, but steadily declined in the latter two-thirds of the month finishing down about 500 points. Don't let that number spook you too much. On Black Friday (September 29, 2008) the Dow dropped 777 points in a single day. That represented a 7% drop. 777 points on June 30, 2018 would represent a little over 3%. Even though it is still a loss and worth getting your attention, it is not nearly the same impact it was 10 years ago. Stay the course!
Our fund, VDADX, was up a bit despite the Dow Jones average being lower.
SCORECARD
Willie had a month end balance of $197,253.81. His monthly benefit check (including the COLA) would be $2,189.54 if he changed his mind and decided to file for benefits at this time.
Irma deposited the $2011 check and withdrew $2413 from her existing account, so her net total is $227,396.88. Her Social Security investment account now has $30,143.07.
Sam used his benefit check to supply $1583.24 of his monthly expenses. His untouched IRA account sat at $233,384.97.