50 year old boy
Its 5am and Im rearranging my favorites and looking at investing options. How did I become such an old man? I think I am going to get a U.S. Treasury I Bond because it is a cost of living adjusted bond, and right now the APR is 5.6%. The rates are adjusted every 6 months and the bond matures after a year but you can keep it open for 30 yrs. Minimum buy in is 25 online 50 for paper bonds. Today I have to close my wachovia account, take money out of the bank for bills and pick up my dry cleaning. I still have my GTE account but I cant decide if I want to keep it or transfer it to a higher apr online saving account. I think i might do both. Have a easy access checking/savings account and a high interest online saving account. I just get nervous sending my money to so many places. I did a quick online calculator and if I can invest 15% until im 65 at 5% Ill have like 800,000. Thats if I adjust my savings with an average 4% pay raise and its with social security. Sounds like enough but its hard to grasp cost of living increases when you have only lived 20 years, plus the fact that I could live to be 100+. This doesnt factor in the fact that hopefully by then I will still have a pension. So I think the key to a happy retirement is to have everything paid off, which would cut spending by a great deal.
This is all bullshit. Hopefully I can buy Jerrys car or a truck. Hopefully my tax return is decent. Hopefully they put me in booking Monday.
This is all bullshit. Hopefully I can buy Jerrys car or a truck. Hopefully my tax return is decent. Hopefully they put me in booking Monday.