In a medium saucepan combine 1/4 of the half & half, white chocolate baking pieces, cinnamon stick and nutmeg. Stir over low to medium heat until white chocolate is melted.
Add remaining half & half. Stir and cook until heated through. Remove from heat. Discard cinnamon stick.
Add in vanilla and almond extract. Stir until mixed through.
Pour into your favorite mug(s). Top with whipped cream and sprinkle with ground cinnamon.