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Low interest rates can be bad news for retirees
As many people know, interest rates are at historic lows, and have been for several years. That's great news if you want to borrow money to buy a car, or take out a home mortgage. But for retirees who count on bond income to cover the their daily living expenses, it's a whole different story.
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Low interest rates can be bad news for retirees
As many people know, interest rates are at historic lows, and have been for several years. That's great news if you want to borrow money to buy a car, or take out a home mortgage. But for retirees who count on bond income to cover the their daily living expenses, it's a whole different story.
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