退休后收入when rates rise.

Janet Yellen Can’t Help Retirees

 Interest rate increases won’t do much for the poorest Americans’ retirement savings.

By 

Christopher Condon

 

higher interest rates come when inflation is also higher, which eats away at the real value of all returns.

“Those higher interest rate numbers look great, but often the income was only doing enough to reimburse you for inflation, and you had to pay income taxes on the full interest payment,” Brookings’s Burtless says. “The good old days weren’t all that wonderful.”

 

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