YFP 239: Two Financial I's You May be Overlooking

Tim Baker talks through two I’s that you might be overlooking as it relates to your financial plan: inflation and I-Bonds.

Key Points From This Episode

Kicking off with inflation; what the term actually means and why it's the current hot topic. Breaking down the inflation statistics and how it's affecting your buying power over time.  Encouraging the listener to start by listening to Ask a YFP CFP® episode 93 Introducing I-Bonds, not to be confused with E-Bonds. Who the I-Bond is suitable for, and the big potential drawback: the holding period. Some of the interesting and quirky rules of I-Bonds. Why methods to protect you against inflation are important. How folks often underestimate their nest egg needs because of not considering inflation. Talking about inflation in the context of an emergency fund. Tim offers some different ways you can slice the apple, depending on the scenario.

Links Mentioned in Today’s Episode

Join the YFP Tax Waitlist Investopedia: What is inflation? Your Financial Pharmacist Webinars Ask a YFP CFP® #93: Is it ok to have a portion of my emergency fund in electronic U.S. Treasury Savings Bonds? TreasuryDirect Series I Savings Bonds: End-Of-Year Strategies To Take Advantage Of The Current High Interest Rate YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Your Financial Pharmacist Disclaimer and Disclosures