Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (54) | Ignore Thread Prev | Next
Author: hjg0989 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5069  
Subject: Re: 8 years till ER Date: 10/11/2004 6:36 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
"I'm all for laddered CDs. I'm just not there, yet. I'll move into that phase once DW and I get down to the wire. Right now we have several sources for funds in case of an emergency so the CD ladder doesn't make a much sense to us."

So will you have bonds and laddered CDs once you hit retirement ?

I really agree with you on the emergency funds and CDs. My partner likes the safety of cash and CDs. So, we have 12k in a CD plus about 15k in savings accounts. That's a lot of money given that we both have fairly secure jobs. But, that helps her sleep at night and other than that she has no opinions on retirement savings & strategies. The upside is that she's scottish and very frugal, so what more can I ask for !!!!

I keep thinking that I want to come up with one strategy and stick with it but I am realizing that that isn't going to happen. If interest rates take off like they did in the Carter years I'm sure I will change my tune about bonds. I guess the best thing I can do is be educated and flexible so that I can change with the environment.

Well, if I ever come up with a plan to move money into the CDs I'll post it.

-helen
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (54) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement