As I explain in detail in The Ultimate Retirement Guide for 50+, once you are living off retirement income, my recommendation is to keep three to five years of living expenses in a money market account or a high-yielding savings account.
On this Ask Suze and KT Anything episode, Suze answers questions about ex-spouses and Social Security, investing, gifts with strings attached, leaving money to a pet and more.
The sharp rise in interest rates manufactured by the Federal Reserve over the past year to address inflation has one semi-silver lining: you can now earn more interest on bank and credit union savings accounts, and certificates of deposit (CDs), if you shop smart.
On this Ask Suze and KT Anything episode, Suze answers questions about gifted IRAs, I Bonds, long term care insurance, updated wills, logistics of moving away from a financial advisor and more.
Listen to Podcast Episode:On this special Sunday episode of Ask KT and Suze Anything, Suze answers questions about Robo advisors, Roths for minors, the real value of a home, resetting a retirement account, plus a heartfelt quizzie and more.
Recent research from T. Rowe Price was short on good news for the retirement prospects of women.
Listen to Podcast Episode:Do you invest for dividends or growth? On this special Thursday edition of Suze School, Suze gives us an update on energy stocks and then we get a lesson on whether or not now is a good time to invest in Series I Bonds.
Since so many listeners are still writing Suze with questions about the Five Year Rule in relation to ROTHs, we’re replaying this Suze School from February 2022, about the rule.
I am well aware that investing has been quite a challenge lately. We went through a painful bear market for most of 2022. And after an encouraging 7% rally this past January, the S&P 500 gave back more than half of that gain in February and March.