CAN YOU RETIRE WHEN INTEREST RATES ARE THIS LOW?

Posted by on Jan 27, 2011 in Interest Rates
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People are still asking when will interest rates go up an the answer is the same in 2011 as it was in 2010: NOT SOON! You can see the chart below showing interest rates for certificate of deposits being at their lowest point in the last 10 years. Basically you get nothing for loaning your [...]

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HOW DO WE TEACH OUR CHILDREN TO SAVE WITH INTEREST RATES SO LOW?

Posted by on Jan 13, 2011 in Interest Rates
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There is a savings problem in the United States: we don’t do enough of it. This has been made very clear by the recession and all the millions of folks who live paycheck to paycheck and worry about losing their jobs. They don’t have any savings and are going to ultimately hope that Social Security [...]

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