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Could higher interest rates help certain retirees?
Although potential homebuyers are nervous about the Fed raising interest rates; however, some retirees are smiling about it. Why? If the retiree has a part of their income coming from fixed-income investments, they could see those yields rise. Another group of retirees who could be particularly happy is those planning to include annuity payments as one of their sources of income in retirement. Jerry Golden explains how rising interest rates could help certain retirees. Read Mr. Golden’s article here…
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