Not too way back, a conservative investor may simply earn 5% in an insured checking account, or 8% on risk-free Treasury payments.
But as in the present day’s savers are solely too nicely conscious, these days are lengthy gone. Today, banks are paying nothing, or near it. And Treasury notes? Agree to lock up your financial savings for 10 years, and Uncle Sam will nonetheless give you lower than 2%.
So, what’s a saver, particularly one near retirement, imagined to do?
That’s the subject of this week’s “Money!” podcast. We’re going to discover some concepts, and see what we will earn by sticking our necks out just a little — however not an excessive amount of.
As regular, my co-host will likely be monetary journalist Miranda Marquit. Listening in and generally contributing is producer Aaron Freeman, and our particular visitor is Roger Whitney, star of the Retirement Answer Man podcast and president of Agile Retirement Management.
Sit again, chill out and listen to this week’s “Money!” podcast:
Not acquainted with podcasts?
A podcast is mainly a radio present you’ll be able to hearken to anytime, both by downloading it to your smartphone or different gadget, or by listening on-line.
They’re completely free. They might be any size (ours are usually a couple of half-hour), function any variety of folks and canopy any matter you’ll be able to probably consider. You can hear at dwelling, within the automotive, whereas jogging or, when you’re like me, when driving your bicycle.
If you haven’t listened to a podcast but, give it a strive, then subscribe to ours. You’ll be glad you probably did!
Want extra data? Check out these assets:
I based Money Talks News in 1991. I’m a CPA, and I’ve additionally earned licenses in shares, commodities, choices principal, mutual funds, life insurance coverage, securities supervisor and actual property.
Disclosure: The data you learn right here is at all times goal. However, we generally obtain compensation once you click on hyperlinks inside our tales.