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Show Me the (Safe) Money!!! What to Consider Nearing Retirement
Manage episode 243773451 series 2291081
Interest rates are low, which benefits a lot of people, but also harms a lot of people.
Let’s take a look at low-interest rates and answer these questions:
- who is hurt by low-interest rates and what to do about it?
- where do you go for “safe money” in today’s market?
- why is the solution not one size fits all especially for those closing on retirement?
There are three things are in play in any of the solutions to consider:
- Is your money safe?
- Is your money liquid?
- What kind of return am I getting on my investment?
And there’s going to have to be a trade-off, unfortunately, you can’t always have all three.
MOST IMPORTANTLY - This podcast exists so you see how recent financial news affects your life, your wallet and your future. If you heard something that made you think about your personal situation or were confused by something don’t stay that way— Click here and ask our team any question. We would love to help you.
Let's stay in touch:
Subscribe to Dynamic Money Updates
Connect with us on Facebook & Instagram
257 episodes
Manage episode 243773451 series 2291081
Interest rates are low, which benefits a lot of people, but also harms a lot of people.
Let’s take a look at low-interest rates and answer these questions:
- who is hurt by low-interest rates and what to do about it?
- where do you go for “safe money” in today’s market?
- why is the solution not one size fits all especially for those closing on retirement?
There are three things are in play in any of the solutions to consider:
- Is your money safe?
- Is your money liquid?
- What kind of return am I getting on my investment?
And there’s going to have to be a trade-off, unfortunately, you can’t always have all three.
MOST IMPORTANTLY - This podcast exists so you see how recent financial news affects your life, your wallet and your future. If you heard something that made you think about your personal situation or were confused by something don’t stay that way— Click here and ask our team any question. We would love to help you.
Let's stay in touch:
Subscribe to Dynamic Money Updates
Connect with us on Facebook & Instagram
257 episodes
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