THE NEW HOLISTIC RETIREMENT • 31
US 10-Year Treasury Rate
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After all, low rates help companies afford to hire workers , and hel p workers afford to buy bread, milk, cars, and clothes at prices that aren’t pumped up by inflation. The goal was that, as the economy recovered, rates would naturally rise over time. Well, here we are more than a decade later, and it hasn’t ha ppened. Mos t checki ng accounts today ear n less th an 0.10 percent. When was the last time you saw a checking account edaorensinn’tghianptepreenstanoynmothree. left side of the decimal point? It In f act, today’s interes t rates ar e at histor ically low levels . It’s not jus t checking and savings accounts that have taken a hit— money market accounts, one- year CDs, five- year CDs . . . nc hoat hl l ienngg ies f eo ar rtnoidnagy m’ s es aa nv ei nr gs fouul rg rpoawr etnht. sAsni md , pt lhya dt icdanu’ st ehsa va ebti og overcome. 16 16 FDIC. “Weekly National Rates a nd Rate Caps.” https://www.fdic.gov/regulations/resources/rates 0 1985 1990 1995 2000 2005 2010 2015 2017 2018 2019 2020
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