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Understanding the Impact of Changing Interest Rates: A Guide for Savers and Investors
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Rob and Archie dive into the topic of interest rates and their impact on various financial situations.
They discuss the recent increase in interest rates and how it is finally benefiting savers, particularly retirees who rely on CDs for interest income. They explore the historical context of interest rates, starting with the financial crisis of 2008 and the subsequent low interest rate environment. They explain how the Federal Reserve's strategies to stimulate the economy and control inflation have influenced interest rates over the years.
This episode on YouTube: https://youtu.be/DOk5jD_jVnk
Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation
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