In this show, Mike and Amy discuss the number 2 most popular New Years’ Resolution - 2nd only to fitness resolutions - Saving more. Mike and Amy cover:
The difference between savings and investments (2:59)
Considerations for when to save vs when to invest (5:25)
Savings for near term goals/ military retirement/ ultimate retirement (7:43)
Emergency Fund Savings (12:09)
Savings in cash/ cash equivalents (14:02)
Types of accounts for savings (18:00)
Then Mike summarizes the key concepts (19:12)
Links:
TreasuryDirect: https://www.treasurydirect.gov/
Operation Retirement Readiness: www.operationretirementreadiness.com
Schedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/
Schedule a consultation with Amy: https://www.instarfp.com/contact
Disclaimer: This podcast represents the views of the hosts and any guests. It is for informational purposes only and should not be considered tax, financial, or legal advice. All information is regarded to be from reliable sources. The hosts are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. This podcast is not intended to replace professional, individualized advice.
