I bond vs IRA
We are 58. empty nesters with 1MM in retirement accounts, mostly 401k. $10k cash to invest. Max out Roth’s or I Bond? Debt of 3k for car, 2k CC
Thanks
Terry Says
FIrst pay off the credit card debt. For sure the rate on it is higher than you can earn even in I-bonds these days. Then use the rest to buy Ibonds –and plan to hold them for at least 5 years. Read this column: https://www.terrysavage.com/i-bonds-yield-7-12-chicken-money-alert/
