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Seven Questions to Answer Before You Retire

Prairie Eco-Thrifter

In spite of the statistics and the down economy, there are some that ARE financially ready for retirement. These are the questions I asked my self prior to retiring from a six figure income with bonus’s and stock options in the midst of the recent great recession! How do we know when to pull the trigger and enter retirement?

Insurance 213
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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails.

April 52
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Financial moves in a low interest rate economy. Pretty much nothing. Investing requires financial backing.

Money 124
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens. Since you’re investing in multiple loans, you must pay close attention to payments received.

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