The Real Problem with Banks

Episode 77 of the Retire Sooner with Wes Moss podcast, hosted by Wes Moss, titled "The Real Problem with Banks" was published on April 13, 2023 and runs 28 minutes.

April 13, 2023 ·28m · Retire Sooner with Wes Moss

Summary

In the aftermath of two big banks collapsing, it's no surprise that some investors may feel uneasy about the state of their retirement savings. In this episode, Wes Moss gives details to explain if and how these bank failures impact your retirement journey. He provides insights into how the banking system works, walks through the history and current state of the FDIC, and the common perception that it's safer to use bigger banks versus regional or community banks. Additionally, he delves into the mismatch between interest rates and short-term US Treasury bonds and how you can invest your funds wisely to secure a respectable yield. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description