Author: budgethomepage

The latest news about FDIC takeover of Silicon Valley Bank is only going to get worse. It occurred to me a few months ago, as I was transferring money out of my local bank checking account and into a treasury fund, that if enough people started doing this, banks would

When I turned 59-1/2 one year ago, I started taking small distributions from my IRA. Once you hit that age, you don’t have to worry about the 10% early distribution penalty. The investment firm that holds the account must have noticed because they have been asking me to contact them

For the month of February, the DOW lost 1430 points. That erases all gains from the previous month. Interest and dividend income was $1,603 for the month. Withdrawals for living expenses came to $1,014 for February. YTD my retirement account is up by +2.21%. The 4.2% return on treasury funds

For the month of January, the DOW gained 939 points. That is a 2.75% gain for the year. Interest and dividend income was $1,635 for the month. Withdrawals for living expenses came to $1,014 for January. In the past 12 months my retirement account is down by 4.48%. That is