The rate could change in October. They are not liquid investment. That being said all the finance influencer bloggers and YouTube have been talking them up quite a bit, especially with inflation being 9.1% they keep pace with inflation. Typical year they may only pay 2 to 3% is my understanding. If you don’t need money for 3-5 years like it could be a wise decision to purchase some in my opinion * I’m not currently a fiduciary or Financial Advisor, but a lot of people in finance community or finance blogs and YouTube channels I follow seem to like them and promoting them last few months
Retirement Targets
- Thread starter yowza
- Start date
Does anyone in the group use the Personal Capital app? It’s a free finance app for budgeting and investing you can download on your phone. I’m still fairly young for investing for retirement, but have a 401k and Roth IRA of index funds with Vanguard. (Big fan of Jack Bogle and Bogleheads community) I like tracking how investments are doing vs S&P 500 and monitoring fees and asset allocation.
Retired 3 years ago. Use SS and IPERS,to live on and I can still save to splurge. I haven't touched my Roth or 20years of TIAA.
I tried to use it, but several of my accounts wouldn’t link. In my mind, that rendered it useless. Seems it would be good if you don’t have that problem though…
I use it. It’s ok but the links between my accounts constantly break and it’s almost more maintenance than it’s worth for how often I check it.
I thought you got the 9.1% for 6 months regardless of when you buy them. Sad long as it's before the rate resets..
Yeah I hadn't checked in awhile so I was surprised. Unless I wasn't looking at the right thing? Idk. I set it a long time ago and almost never check lol
I'd be interested to hear what you've chosen for your 401k to be positive for the year. Everyone has different 401k choices but I have 30 choices and only one of those is positive for the year and that is a short term fixed income fund that is up 1.38% for the year. I'm down about 10% for the year.
Figured it out. Forgot I rolled over an old account this year so I think it f'd up the generic tracking on my account. So honestly not sure what my YTD return is
Saw your response as I was typing. I figured you had a lower balance (early in career) but were just starting to ramp up contributions so your contributions for the year were greater than your balance losses, thus showing a + at end of year compared to beginning of year.
Anyone front load their 401k?
I started this a few years back when my industry was wonky. I wanted to get the cash in the account while I had access.
I've continued this. I front load aggressively for the first two months and then crank it down to the company match for the remainder of the year.
Only guy doing this?
I started this a few years back when my industry was wonky. I wanted to get the cash in the account while I had access.
I've continued this. I front load aggressively for the first two months and then crank it down to the company match for the remainder of the year.
Only guy doing this?
I front load my Roth. I put the full amount for the year in January. Then spend the rest of the year building the deposit for the next January.
I find this thread interesting but you're trying your hardest to cave it aren't you?
