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A look at the interest rate dilemma facing seniors
It’s no secret…interest rates are so low they do not provide any real measurable income for seniors whose retirement plans included an income stream from accumulated savings. With current rates providing earnings that do not even cover inflation, and are further eroded by taxation, the present situation ends up being a substantial penalty for many seniors. Tom Sightings, in an article posted on www.usnews.com, takes a detailed look at the impact of this situation. Read the article here…
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