How Interest Rate Cuts Could Affect Your Retirement Planning
- Author
- Mike Douglas
- Published
- Tue 16 Jan 2024
- Episode Link
- https://omny.fm/shows/michigans-retirement-coach-podcast-with-mike-dougl/how-interest-rate-cuts-could-affect-your-retiremen
Inflation is down from the 9.1% high of June 2022, which has Wall Street hoping for interest rates cuts in 2024. That’s good news for loan-seekers, but lower rates could also result in a decrease on some of the attractive rates we’ve seen in CDs, Money Markets, treasuries, and annuities.
On this episode, Michigan’s Retirement Coach Mike Douglas discusses how these moves could affect your retirement planning and the opportunities you may want to seize today.
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