No.I’m 65 just retired and collecting SS, about 3k a month
Wife is 68 retired , SS about 1500 a month plus pension about 3500 a month
No debt except 1200 a month rent
Have about 900k combined in 401k both in vanguard retirement fund we don’t plan to touch until MD requirements
We both have Roth’s with about 250k in each, laddered CDs at 5percent coming due after new years
Credit union CDs aprox 720k at 5.75 percent coming due end of October
Schwab joint brokerage with aprox 300k in laddered CDs coming due end of the year
Have about 100k in a mm account at credit union ..
My concern is after fed rate cuts I’m sure the CDs are going to drop. ..
Is there anything I can get 5 percent that would pay monthly that’s safe /secure?
Statistics: Posted by doobiedoo — Fri Sep 06, 2024 8:12 pm