FINANCIaL
FIELd NOTES
How To Be Happier - Stop Adapting So Much
When my wife and I first got married, we lived in a one-bedroom apartment that was the cheapest option in our zip code. We literally went to apartments.com, sorted from least expensive, and then signed on the dotted line. Our room was sandwiched between habitual smokers. Our assigned parking spot was a 5-minute walk to the front door. They didn’t plow the parking lot when it snowed.
And we were so happy…
Should You Switch Your Bond Portfolio to CDs?
With interest rates rising for savings and CDs, I’ve had a few questions on whether or not CDs should take the place of bonds in a portfolio. After all, you can earn nearly the same interest rate on a 1-year CD (4.15%) as a 2-year Treasury (4.18%) as of January 19th…
Are You On Track For Retirement – A Quick Checkpoint
How much do you need to retire? The answer varies by individual circumstance but simple rules can be helpful as a starting place. JPMorgan provides a rough estimate based on your age and income level…
Secure Act 2.0 – Everything You Need To Know
On December 23rd, the massive $1.7 trillion spending bill was passed, and it included a retirement bill known as SECURE Act 2.0. At first glance, the SECURE Act 2.0 looks to have an equal or greater impact on current and future retirees. Let’s dive into the highlights…
Are I-Bonds Still a Good Investment?
As inflation soared in 2021, so did the rate you could earn risk-free on government I-bonds. I originally wrote about the benefits of these in January of last year. Later in the year, the starting interest rate peaked at nearly 10%. There was so much consumer interest in buying them, that the treasury website crashed the day before interest rates reset lower.
With inflation starting to come down, I have gotten a few questions about whether these bonds are still attractive…
Most-Read Blog Posts From 2022
As the year comes to a close, I wanted to reshare a few of my most-read blog posts from this past year in case you missed them. Thank you all for your engagement over this year – see you in the new year!