• Will Interest Rates TANK in 2024?

  • Apr 12 2024
  • Duración: 16 m
  • Podcast
Will Interest Rates TANK in 2024? Por arte de portada

Will Interest Rates TANK in 2024?

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  • Resumen

    • Annuity products have become 50% more lucrative in growth and income possibilities compared to two years ago.
    • Interest rates impact varies; poor for mortgages but favorable for long-term annuities.
    • Despite predictions of rising rates, they remained stable through 2023.
    • Focus on making the best retirement decisions based on current rates rather than speculative future rates.
    • Inflation and fuel prices have decreased, impacting consumer costs less than in previous years.
    • Fixed annuities could have been a better investment than bond funds, offering growth instead of loss over recent years.
    • Interest rates are expected to remain stable ("sticky") in the short term according to financial experts.
    • Annuities offer a secure option for retirement, providing guaranteed returns independent of market fluctuations.
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