Elevated rates are certainly sweet news for short-term savers, “with the top yields on savings accounts, money markets, and CDs handily outpacing“These rates should remain above the inflation rate for at least the next year, which makes them a great place for an emergency fund or any savings intended for short-term goals or expenses,” added Ken Tumin, a senior industry analyst at LendingTree.
Savers looking for a safe investment for a year or less can still get the best yields in years from Treasury Bills, or T-bills, short-term securities issued by the federal government.
“The first phase of retirement can be an exciting time,” Sadler said. “This phase often comes with a feeling of delayed gratification, and large expenses are very common during this time — think travel, new car, renovations, and celebrations.” Kerry Hannon is a Senior Columnist at Yahoo Finance. She is a career and retirement strategist, and the author of 14 books, including "Click here for the latest personal finance news to help you with investing, paying off debt, buying a home, retirement, and moreEven though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk's record-setting Tesla compensation dwarfs them by comparison.
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