I started 2016 with $0 in retirement savings. I contributed $9,000 to my Roth IRA in 2016: $5,500 prior to April 15, 2016 for my 2015 contribution and $3,500 for my 2016 contribution. At the end of the year my account was worth $9,491. I had growth of $491 for the year which equates to about 5%.
My goal is to get my retirement savings up to $20,000 by the end of 2017. I plan to contribute $7,500 to my Roth IRA ($2,000 for 2016 and $5,500 for 2017) and $2,000 to a taxable brokerage account. That means I will only need growth of about $1,000 for the year to make my goal. I hope the markets are good to all of us investors this year!