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Re: JLS post# 775

Tuesday, 03/14/2017 7:28:39 PM

Tuesday, March 14, 2017 7:28:39 PM

Post# of 2133
Actually SS has several advantages over comparable CDs, such as a bit of inflation protection.

Never understood why many IHUBers start collecting SS early. In today's low interest world, delaying collection, even to age 70, can be very smart.

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"According to a new survey by GoBankingRates.com, more than half of Americans have savings account balances below $1,000."

I wonder about such studies. I may have a savings account or two below $1,000, but I have several bank accounts, and quite a few bank CDs (which have advantages few savers are aware of). Most of my accounts have fat balances.


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