Welcome To “Solving The Financial Puzzle” Podcast
Many Americans were able to build up their savings accounts during COVID and now have extra cash at their disposal. With inflation on the rise, sitting on cash isn’t the best long-term strategy so what should you do with this extra money? Dan Cuprill will share nine different ways to use your cash and explain the pros and cons for each.
Key points on this episode:
2:26 – Spend it
3:24 – Put it in the bank
5:02 – Buy annuities
6:03 – Address an exposure you have in your plan
8:13 – Invest in an iBond
8:59 – Take advantage of discounted stocks/bonds
9:44 – Pay off debt
10:21 – Give it away
10:58 – Ask yourself this question
For more financial resources, visit us online: http://moneyandclarity.com
Join Certified Financial Planners Nikki Earley and Dan Cuprill each month on the Retirement Rescue Podcast. They’ll discuss some of the most essential issues facing retirees, break down important financial planning ideas, and provide their reactions and insights on various retirement planning articles and commentary from across the financial world. It’s all to help you get a little smarter when it comes to spending your time, money and energy on preparing for retirement.