Afford Anything | Make Smart Money Choices Q&A: Why 3 Years Is a Weird Timeline for Money
27 snips
Mar 31, 2026 They debate where to park cash for a three-year goal and compare money market funds, high-yield accounts, CDs, and individual T-bills. They weigh Roth versus taxable strategies for early retirement planning and explain SEPP/72T tradeoffs. They explore whether to form a nonprofit or LLC for an adult day center and cover budgeting, funding, operations, and hiring priorities.
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Buy Individual TBills Not Funds
- If you choose T-bills for a short timeline, buy individual T-bills at TreasuryDirect rather than a T-bill fund to avoid market-loss risk.
- Joe notes T-bill funds trade on the open market and can show losses; individual bills lock yield to maturity.
Bull Market Makes ShortTerm Risk Feel Normal
- Long bull markets make people treat the stock market like a high-yield savings account and take inappropriate short-term risk.
- Joe and Paula point to the post‑2009 run as fueling dangerous short-term speculation mentality.
Fill The Pre59Gap With Taxable Assets
- If retiring early, prioritize funding the taxable brokerage account to cover the gap to age 59½ before adding more Roth contributions.
- For Robert (53 planning retirement in ~3 years), fill the ~3.5-year withdrawal gap from taxable assets, then prioritize Roths once that gap is covered.
