Monthly Older Posts: May 2024

Recent inflation continues to be closer to 4% than 2%.

The data for April that was issued this week shows inflation is running closer to 4%, not the Fed’s target of 2%. I display a table and the same six graphs that I’ve used to follow the trends in inflation.

 

 

== Three key

Do you have a path to be close to $0 traditional IRAs at the time you start Social Security?

If you can convert traditional to Roth at the 22% marginal rate before you retire and are on Social Security, you will gain about 4% after taxes relative to holding traditional IRAs. You’ll have more by paying 22% tax now and avoiding 25% or more

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