With minimal effort, we can get you a 4.5% in a money market fund or 5% on a 3 month CD. Where things get trickier is when people ask “why don’t I dump all my stocks/bonds and sit in cash at 5% until the market feels safe”?
2022 Review: Economy Edition
In 2022 employment remained tight, inflation was sky high, economy grew moderately and housing took a turn for the worse.
2021 Review: Economy Edition
Labor market recovered in 2021 and has become very tight. GDP saw a robust increase while inflation hit 40-year high. Housing remained very strong despite rising interest rates.
Let’s Talk About Inflation
If you are a gas guzzler-driving renter with six kids who eats bacon-wrapped steak at every meal, is allergic to vegetables, often stays at hotels and buys another used truck every 6 months, you are screwed. If you are a 65-year old electric car-driving vegetarian homeowner, you are sitting pretty.
2020 Review: Economy Edition
Now that full-year GDP numbers are out I can finish the 2020 year-in-review series by taking a look at major economic indicators. Needless to say last year’s economic datapoints will be massive outliers on long-term charts for years and decades to come.
2018 Review: Economy Edition
Despite market volatility, the economy remained on solid footing in 2018
Increases in Medicare Premiums vs. Social Security Benefits
Medicare premiums increase much faster than Social Security benefits
2016 Review: Economy Edition
Economy finishes Obama era on steady footing, let’s see what Mr. Trump can deliver
Healthcare Costs in Retirement
What should you budget for medical costs in retirement (don’t forget inflation!)
2015 Review: Economy Edition
The last blog post in the annual review series focuses on major economic indicators