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Series “I” Bonds vs Roth IRAs: Emergency Cash vs Retirement Funds - MFI Series1, #181

Edition en anglais

  • JL

  • Paru le : 08/05/2022
If you were 25 years old, would you start a Roth IRA or purchase Series "I" Savings Bonds? Conventional wisdom is to start a Roth IRA because of the... > Lire la suite
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If you were 25 years old, would you start a Roth IRA or purchase Series "I" Savings Bonds? Conventional wisdom is to start a Roth IRA because of the power of compounding. However, looking your money away for 40+ years can be challenging. Series "I" Bonds will also compound (at a lower rate), but you can also use them as an emergency fund. Plus, they are tax-free until you liquidate them. Realizing that the American dream costs $5 million, we need to be more intentional with our money.
Locking away tons of money throughout our expensive years may not be as wise as before. 

Fiche technique

  • Date de parution : 08/05/2022
  • Editeur : JL
  • Collection : MFI Series1
  • ISBN : 8201076412
  • EAN : 9798201076412
  • Format : ePub
  • Caractéristiques du format ePub
    • Protection num. : pas de protection

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