Search found 2806 matches

by #Cruncher
Mon Aug 12, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 296
Views: 21751

Re: Social Security -- Take it at 62, 67 or 70

If the change in benefits happens before you turn 62 or after you turn 70, there is indeed no difference. This is only half right, Homer. If the cut occurs before age 62, there is indeed no effect on the relative values of claiming at different ages. But there is an effect if the cut occurs after a...
by #Cruncher
Sat Aug 10, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 296
Views: 21751

Re: Social Security -- Take it at 62, 67 or 70

At https://opensocialsecurity.com , play with decreasing the payout in 2034 a bit. Even a modest decrease or 6% changed my optimal retirement date significantly. I did the same - and the strategy was amazingly different. For example, it had me take it at age 64 and 10 months, rather that at age 70....
by #Cruncher
Sat Aug 03, 2019 2:43 am
Forum: Personal Investments
Topic: Buying Treasuries at Broker?
Replies: 7
Views: 570

Re: Buying Treasuries at Broker?

I thought the coupon rate was set and we buyers bid on the purchase price. At least that’s what happens on the Fido website. At the first auction of a TIPS the competitive bidders bid on the yield, not the price. The coupon is then set equal to or below the winning yield in 1/8 pct increments. E.g....
by #Cruncher
Thu Aug 01, 2019 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 296
Views: 21751

Re: Social Security -- Take it at 62, 67 or 70

For each social security dollar I collect, that is one dollar I do not have to take out of my investment portfolio. If the average return on the market is anything above 3.35%, that dollar will continue to grow over the following 8 years (from age 62 to age 70). If I make a modest 6% in the market,...
by #Cruncher
Sun Jul 21, 2019 5:59 am
Forum: Personal Investments
Topic: Apply the standard deduction, ordinary vs qualified income.
Replies: 3
Views: 561

Re: Apply the standard deduction, ordinary vs qualified income.

I get the same results as you for the three examples, Ed, as shown in the following table from the Compare sheet of my Marginal Tax Rates spreadsheet. This is for a 2018 joint return with the $24,000 standard deduction. Floor: ord income 10% 0 Floor: ord income 12% 19,050 Floor: ord income 22% 77,40...
by #Cruncher
Sat Jul 20, 2019 11:14 am
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 100
Views: 28739

Re: Consistent Yield & Duration to Help Choose TIPS Fund

I would ingore the unusually high 1.74% weighted average yield of the 0-5 index. It is strongly influenced by very high yields of the soon-to-mature January and April 2019 issues. A similar situation is occurring now. The yield-to-maturity (YTM) of the two TIPS maturing January and April 2020 are 1...
by #Cruncher
Thu Jul 18, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Please check my calculations -- mortgage vs interest earned.
Replies: 4
Views: 459

Re: Please check my calculations -- mortgage vs interest earned.

Our mortgage ... with a final payoff date of 12/1/2024 . The balance due ... is roughly $83,000 at 3.979% . ... Payment is $1423.85 . ... Schwab's ... Money Fund ... yield was 2.31% … My calculations show that I come out about $1000 ahead in 5 years by not paying off the mortgage in full, but rathe...
by #Cruncher
Mon Jul 15, 2019 12:28 pm
Forum: Forum Issues and Administration
Topic: Using Site From Smartphone Question
Replies: 16
Views: 763

Re: Using Site From Smartphone Question

There is a little icon that looks like 3 horizontal lines stacked on top of each other to the left of the bell icon and "notifications." Cannot see anything like that on mine. The 3 line horizontal menu appears on https://bogleheads.org/forum. To get there from https://bogleheads.org, choose a link...
by #Cruncher
Sun Jul 14, 2019 11:14 am
Forum: Personal Investments
Topic: Zero Coupon Bonds and TIPS In Taxable Account
Replies: 7
Views: 785

Re: Zero Coupon Bonds and TIPS In Taxable Account

The tax with the zero coupon bond will be the same as the nominal bond. Not quite. The taxes will be slightly higher on a zero coupon bond than on a coupon bond with the same pretax yield-to-maturity (YTM). The following table compares $1,000 invested in a 10-year zero and a 10-year 2% coupon bond ...
by #Cruncher
Thu Jul 11, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Am I calculating my potential mortgage refinancing savings correctly?
Replies: 16
Views: 1390

Re: Am I calculating my potential mortgage refinancing savings correctly?

So by my calculations, if I stay with the original loan and continue to prepay and finish by 04/2032, the remaining cost is $205,000 . … If I refinance, the total cost is $182,093 which is a $23,093 (~150/month for 154 payments) ... Did I do my math correctly? No. As buhlaxtus says in this post , y...
by #Cruncher
Wed Jul 10, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

There's not necessarily any discrepancy between what your Schwab bond guy was thinking, and what we are saying. … However you look at it, you would earn more with a higher initial index ratio if deflation is bad enough over your holding period. I think that's basically what your bond guy was thinki...
by #Cruncher
Tue Jul 09, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: XIRR Troubleshooting
Replies: 16
Views: 627

Re: XIRR Troubleshooting

Am I doing something incorrectly with the formulas? No, you're calculations are correct, jbover. The following table confirms this. It shows how growing investments at the rate returned by XIRR [1] produces 0.00 on the ending date -- just as it should. Col A Col B Col C Col D Col E Col F Row Cash F...
by #Cruncher
Mon Jul 08, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: Calculation of SS difference between working to 62 but delay withdrawls until 70 vs working until 70
Replies: 12
Views: 1101

Re: Calculation of SS difference between working to 62 but delay withdrawls until 70 vs working until 70

At 62, payment will be $1,949 … these estimates are assuming that you work up until that age (67,70,62). What happens if I work until 62, but then delay withdrawals until 70? Scale up the $1,949 by the age 62 and age 70 percents of PIA for your birth year as shown on SSA's Effect of Early or Delaye...
by #Cruncher
Sun Jul 07, 2019 11:06 pm
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

I guess my basic question is: what is the risk to my principal of buying bonds that are far above par, particularly when they mature 20-30 years in the future? First off, a TIPS can cost "above par" either because the index ratio (aka inflation factor) is more than 1.0; or because the unadjusted pr...
by #Cruncher
Sat Jul 06, 2019 7:37 pm
Forum: Personal Investments
Topic: Help Me Understand My I-Bond Rate
Replies: 4
Views: 629

Re: Help Me Understand My I-Bond Rate

... I see that my I-bond issued on 2012-09-01 has 2.32% interest rate. I can't seem to figure out how that is the case. The rest of my I-Bond interest rate match with what I calculated using the formula based on the historical fixed rate and current inflation rate. As shown here , the 2.32% composi...
by #Cruncher
Wed Jul 03, 2019 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help me estimate how much my pension is worth?
Replies: 15
Views: 2876

Re: Help me estimate how much my pension is worth?

So staying at my company represents a series of monthly pension payments of $(B-A) a month. Let's say this is $1500/month. If I assume the payments are 35 years and the discount rate is 2% I get a present value of: (B-A)/r * (1- 1/(1+r)^n) = $452,813. But this amount represents the present value IN...
by #Cruncher
Mon Jul 01, 2019 7:01 pm
Forum: Personal Investments
Topic: How much to rollover from IRA to Roth IRA
Replies: 35
Views: 2959

Re: How much to rollover from IRA to Roth IRA

We receive about 40,000 dollars a year of dividends from the taxable investments ... The 40,000 dollars will be our only income after this year. How Roth conversions would be marginally taxed depends on how much of the dividends are qualified and therefore subject to favorable tax treatment. For ex...
by #Cruncher
Sat Jun 29, 2019 7:39 am
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 100
Views: 28739

Re: Consistent Yield & Duration to Help Choose TIPS Fund

I've updated the Yield to Maturity and Duration Calculator with WSJ TIPS Prices 6/28/2019 [*] and the weighting effect of the 10-year auction in May and the two 5-year auctions in April and June. As shown in the table below, the weighted average yield of the bonds in the 1+ years broad index (0.37%)...
by #Cruncher
Wed Jun 26, 2019 5:15 pm
Forum: Investing - Theory, News & General
Topic: TIPS bond funds have provided less inflation protection than nominal treasuries recently
Replies: 23
Views: 1534

Re: TIPS bond funds have provided less inflation protection than nominal treasuries recently

… In January, 2013 the stated real yield to maturity on a 5-year Treasury Inflation-Indexed Security was negative 1.39%. That TIPS was explicitly guaranteed not keep up with CPI if held to maturity: that's what a security with a negative yield is supposed to do. Thing is, I'm not talking about the ...
by #Cruncher
Wed Jun 26, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Help choose COLA Pension or Not
Replies: 25
Views: 1384

Re: Help choose COLA Pension or Not

What discount rate are you assuming, Patzer? ... I used ... an average risk-free rate of about 2.4% ... As you stated, using a higher discount rate barely moves the needle though. If I use 2.4% instead of 4.0% the breakeven in present values (PV) drops from 33 years to about 30. I don't know how yo...
by #Cruncher
Tue Jun 25, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Help choose COLA Pension or Not
Replies: 25
Views: 1384

Re: Help choose COLA Pension or Not

… if you use a historical inflation average of 2.31% … your dad has to live 34 years before the net present value of the payouts on B are higher than A. What discount rate are you assuming, Patzer, to compute the present values (PV) of the two options? With 4% I get close to your 34 year breakeven....
by #Cruncher
Tue Jun 25, 2019 12:51 pm
Forum: Personal Investments
Topic: Should I cash out I-bonds? (And other questions.)
Replies: 9
Views: 1366

Re: Should I cash out I-bonds? (And other questions.)

Mom has one $10k ibond purchased: 10-01-2014 . Current rate: 2.42%. ... Dad has two ibonds of $5k each, purchased in October 2015 and December 2014 , interest of 1.4% and 2.42%. ... The Living Trust has one ibond for $10k issued on November 1, 2014 and the interest is 1.4%. It's unfortunate Treasur...
by #Cruncher
Sat Jun 22, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Interest Mortgages (AKA Daily Accrual)
Replies: 4
Views: 555

Re: Simple Interest Mortgages (AKA Daily Accrual)

2. How do I compare the possible savings/costs between one of these mortgages and a more traditional monthly accrual? I can't find online calculators that really handle a daily accrual. I developed a little spreadsheet that will calculate both types of mortgage. In some cases the simple-interest-da...
by #Cruncher
Thu Jun 20, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Taxation and Distribution Planning
Replies: 8
Views: 826

Re: Social Security Taxation and Distribution Planning

Does anyone know of software where you can plug in social security payments, investment income, and qualified plan distributions to see what the taxes owed will be? You can use the Main sheet of my Marginal Tax Rates spreadsheet to graph the marginal federal income tax rate on the additional SS ben...
by #Cruncher
Thu Jun 20, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Help with math
Replies: 34
Views: 2350

Re: Help with math

A mathematical curiosity is that the favored approach depends on the assumed return and the crossover where the two are equal is at 10.6% return. It looks like you're taking one-twelfth of the annual return as the monthly return, dbr. Using the Excel FV function ... 102,713,000 = FV(10.6%, 30, 0, -...
by #Cruncher
Thu Jun 20, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Which TIP would you buy?
Replies: 8
Views: 729

Re: Which TIP would you buy?

[1] If you thought interest rates will go down in the future and remain low for a few years and [2] inflation will increase over the next few years which TIP bond (not fund) would you buy now? A specific bond or cusip would be great. If you want to gamble on TIPS interest rates falling, you should ...
by #Cruncher
Fri Jun 14, 2019 1:11 pm
Forum: Personal Investments
Topic: Social Security Retirement Age
Replies: 20
Views: 3539

Re: Social Security Retirement Age

For planning purposes can I interpolate between these ages if say I retire at 63, or 67? It would be more accurate to interpolate between the four ages shown in the left column of the table below. The "Pct PIA" column shows the percentage of the Primary Insurance Amount (PIA) you'd receive if you s...
by #Cruncher
Thu Jun 13, 2019 2:04 pm
Forum: Investing - Theory, News & General
Topic: Treasury Notes Return vs Actual TIPS Return
Replies: 12
Views: 3701

Re: Treasury Notes Return vs Actual TIPS Return

I've updated my comparisons to include TIPS maturing in 2019. These are the 10-year TIPS issued in 2009 and the 5-year TIPS issued in 2014. Here is a chart showing the difference between the inflation-adjusted return of a 10-Year TIPS bought at auction and held to maturity and my estimate of the yie...
by #Cruncher
Wed Jun 12, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: [Calculating future Social Security benefits: How do I adjust the discount rate?]
Replies: 44
Views: 3058

Re: [Calculating future Social Security benefits: How do I adjust the discount rate?]

Nerd alert! This post just examines the arithmetic of present value and future value calculations. Say we have a given amount of money ('PV', present value). Say we invest it with an annual rate of return of 'R'. After a few years ('N'), the final value ('FV') is: FV = PV * (1+R)^N Nobody will disa...
by #Cruncher
Mon Jun 10, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: [Calculating future Social Security benefits: How do I adjust the discount rate?]
Replies: 44
Views: 3058

Re: [Calculating future Social Security benefits: How do I adjust the discount rate?]

Note that the calculator's recommendations are highly sensitive to the discount rate, just playing with a range of 'reasonable' values with my own situation, the calculator suggested to claim at 62 in some cases or postpone until 70 in other cases... How sensitive depends on the particulars. Consid...
by #Cruncher
Sun Jun 09, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: [Calculating future Social Security benefits: How do I adjust the discount rate?]
Replies: 44
Views: 3058

Re: [Calculating future Social Security benefits: How do I adjust the discount rate?]

SOME people may decide to spend bonds to assist their strategy of delaying social security (in other words, to have the SS delaying strategy drive a change in their AA ) ,,, (underlines added) In this post I examined funding the age 62 to 70 delay while keeping the asset allocation (50% stocks : 50...
by #Cruncher
Fri Jun 07, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Future Value Calculation vs. Cash Flow Calculating
Replies: 16
Views: 1086

Re: Future Value Calculation vs. Cash Flow Calculating

… Which is why I asked what actual investment(s) the question is about. I'm discussing a loan in which a company is borrowing from investors, at an annually compounding rate, where as fyre4ce points out, the annual interest of 8% is added at the end of the year to the initially lent principal base....
by #Cruncher
Thu Jun 06, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Future Value Calculation vs. Cash Flow Calculating
Replies: 16
Views: 1086

Re: Future Value Calculation vs. Cash Flow Calculating

If the underlying investment is truly annual compounding, then Option A is correct. "Annual compounding" means that the investment pays simple interest (linear) during the year. Nice post, fyre4ce! However, I have a minor bone to pick. I'd say that Option B is also compounded annually. The differen...
by #Cruncher
Wed Jun 05, 2019 12:41 pm
Forum: Personal Investments
Topic: Question on short term TIPS fund
Replies: 3
Views: 470

Re: Question on short term TIPS fund

I understand that TIPS can lose principal in a deflationary period if bought after it's price is adjusted upward and/or if sold before maturity. When discussing TIPS it's important to distinguish "principal" and "price". The "principal" amount of a TIPS is its face value adjusted for inflation. "Pr...
by #Cruncher
Tue Jun 04, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security deductions after maxing out Social Security benefit?
Replies: 23
Views: 2389

Re: Social Security deductions after maxing out Social Security benefit?

You're "maxed" in the sense that only 35 years worth of earnings count in figuring your benefits, but they're the 35 highest earnings years. So it's possible some later, higher earnings years could knock some earlier, lower earning years out of the calculation. Correct. This can be illustrated with...
by #Cruncher
Sun Jun 02, 2019 9:02 pm
Forum: Personal Investments
Topic: Delay Social Security?
Replies: 35
Views: 3514

Re: Delay Social Security?

However, few talk about the other half of the equation - the social security income you lose as you delay. If I get $26k at age 62 and I delay that until age 70. I'll get more at age 70, but I would need to give up $200k+ over the 8 years I delay. That's money I could be investing ... With a high e...
by #Cruncher
Sat Jun 01, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 13343

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

here are the returns ... of a nominal and real annuity for various life expectancies. That chart is interesting, but what if inflation spikes in the first few decades of payouts? In that case the CPI-indexed annuity may very well have a better outcome in spite of the fact that it costs significantl...
by #Cruncher
Fri May 31, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 13343

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

… Given that the expected yield of TIPS isn't significantly less than that of nominal bonds ..., it's not clear to me why most people choose to hold nominal bonds instead of real. TIPS offer free, or almost free, insurance against unexpected inflation. Why take a risk we don't have to? Same with re...
by #Cruncher
Thu May 30, 2019 12:58 pm
Forum: Personal Investments
Topic: Retirement plan [Pension lump sum or annuity?]
Replies: 25
Views: 1958

Re: Retirement plan [Pension lump sum or annuity?]

Significant other and myself are 64, and we are both healthy. I will retire 09/01/2020. … There is no COLA with the annuity. Annuity survivorship benefit 50% $2808 then $1404 mo 75% $2695.00 $2021 %100 $2590.00 $2590.00 Assuming You are male and significant other is female Your mortality probabilit...
by #Cruncher
Wed May 29, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: How to avoid 1 week of not investing when buying treasury bills
Replies: 26
Views: 2741

Re: How to avoid 1 week of not investing when buying treasury bills

at vanguard, you can manually match a purchase with a maturity which settle on the same day. [ * ] at fidelity and td, you cannot do this, ... (I'm assuming by "td" you mean TreasuryDirect, rasta, not TD Ameritrade.) I don't know about Fidelity; but one can do this at TreasuryDirect. When you buy y...
by #Cruncher
Tue May 28, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Paying points vs. increased rate on mortgage?
Replies: 13
Views: 907

Re: Paying points vs. increased rate on mortgage?

If you opt to use points to shift your rate to 4.00% from a 4.50% mortgage, your monthly payment will decrease by $36.88 ... However, in order for these points to yield any savings at all you will need to stay in your current home for at least 49 months without moving or [refinancing]. But, if you ...
by #Cruncher
Sat May 11, 2019 11:20 pm
Forum: Personal Investments
Topic: TIPS Ladder - Choosing Between Different Accrued Values
Replies: 3
Views: 423

Re: TIPS Ladder - Choosing Between Different Accrued Values

... I see that [there] is sometimes a choice of two different issues with the same maturity date. Often one has a much lower accrued value than the other. Currently there are ten such TIPS, maturing on January 15 2025-2029. The ones with the lower accrued value (i.e., inflation-adjusted principal o...
by #Cruncher
Wed May 08, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

So because of unknown future changes in interest rates, it is not possible to know the principal value of the TIP bonds at any future date. Therefore, it is not possible to calculate the RMD at some future date. Is that the basic gist of it? Change "principal value" to "market value" and this is co...
by #Cruncher
Wed May 08, 2019 9:16 am
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

#Cruncher -- does your existing spreadsheet give the data that needs to be compared to Col E "$40k RMD %" for each year? Now I understand your question, Bongleur. By "existing spreadsheet" you mean my ladder builder spreadsheet. Yes, it does have the "data" I believe you're referring to. For exampl...
by #Cruncher
Mon May 06, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

A rolling TIPS ladder is a bullet proof way to fund a given amount of fixed real income in retirement … (underline added) Only a non rolling ladder can do this. A rolling ladder would be subject to interest rate risk and wouldn't be "bullet proof". #Cruncher -- why is "Mult" equal to 1/B5. Did you ...
by #Cruncher
Mon May 06, 2019 7:44 am
Forum: Investing - Theory, News & General
Topic: Estimating the rate of return on Social Security
Replies: 34
Views: 2807

Re: Estimating the rate of return on Social Security

... at a minimum, the disability portion of the tax needs to be excluded when looking at the retirement benefits. Not doing so is overstating cost by about 17%. Workers do not have a choice to "contribute" to either the disability or to the old age parts of SS. They must pay into both. So I simply ...
by #Cruncher
Sun May 05, 2019 5:25 pm
Forum: Investing - Theory, News & General
Topic: Estimating the rate of return on Social Security
Replies: 34
Views: 2807

Re: Estimating the rate of return on Social Security

Why does your data have a gap ... where earnings stop at age 62 but social security income doesn't begin until age 66.5 though? [In this post above] I understand that some people may choose to retire at age 62, draw on other resources, and then start taking SS at age 66.5, but that doesn't strike m...
by #Cruncher
Sun May 05, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 98
Views: 20396

Re: TIPS Ladder Spreadsheets in General & Two in Particular

I buy a 30 year TIPS bond ladder in a tax deferred account paying out $40K/year. … Will the $40K per year cover the required minimum distributions for all 30 years? I don't believe the amount of inflation matters. The determining factor is the real yield of the TIPS remaining in the ladder. Take a ...
by #Cruncher
Fri May 03, 2019 5:03 pm
Forum: Investing - Theory, News & General
Topic: Estimating the rate of return on Social Security
Replies: 34
Views: 2807

Re: Estimating the rate of return on Social Security

I ran an analysis using Case A of the SSA's Benefit Calculation Examples for Workers Retiring in 2019 , adjusted for CPI-U , and applying double the OASDI Tax Rates . The Primary Insurance Amount (PIA) payable starting at age 66.5 is $1,879.80 (see Case A page 2 ) or $22,588 per year (in 2019 dollar...
by #Cruncher
Wed May 01, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: New Bond Series I and EE rates [May 2019]
Replies: 3
Views: 1010

Re: New Bond Series I and EE rates May 2019

For those interested, here are the composite rates that will take effect from May 2019 to October 2019 [ 1 ] and run for six months for all outstanding I Bonds, including newly issued ones with a 0.50% fixed rate. [ 2 ] They incorporate the new semi-annual inflation rate of 0.70%: Fixed Rate Announc...