Quote:
Originally Posted by jdmgc8
Take a little from your savings and enjoy it, go travel or buy something for yourself or for your family, having and saving money is one thing enjoying it is another thing. Whats the point of working your arse off everyday just to make a buck and not enjoy it. I am not saying go out and buy yourself a s55 AMG benz or a 6 series BMW, but take a trip to a place you all ways wanted to go, or donate some of it to a good cause. Those are my two cents.
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You want to save it so you don't have to work untill you drop dead at 80 years old. Social security and pensions are dissapearing real quick. No one will just give you money when you retire. The older you get, the more you realize you have to save for future childrens educations, have emergency funds. again, retirement savings are a nececessity.
Also, to BKJmiller, short term CD's have the highest yield. 1 year t-bond (rather than standard 10) have been reintroduced.