Trace: I'm planning to take a mini retirement on the next one to two years, most likely starting in February of 2024. Where do you recommend storing these funds for a short period of time, totaling $25K and still allowing them to work their hardest? Joe: Ally Bank is as of the time that we're recording this, paying around 4% for a money market account,. 3.75% APY on an online savings account.
#440: An anonymous caller wants to retire and travel in 20 to 30 years. How does she know if she’s saving enough?
Trace plans to take a mini-retirement next year. Where should she keep her savings until then?
Samantha and her partner have lived out of their truck for 20 years. They sorta-kinda feel ready to buy a house and settle down. But they’re hesitating. What if they hate it?
“Barbara,” an anonymous caller from Episode 422, is struggling with a scarcity mindset. How does she stop worrying about the future and build the confidence to enjoy life now?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode440
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