Back in the mid-90’s the rule of thumb for retirement planning was the Four Percent Rule. This rule was authored in 1994 by a financial advisor, basically stating that retirees should plan to withdraw about four percent from their retirement funds per year to live on with an inflation adjustment each year. This was projected […]
Federal Reserve Officials are planning to keep loan interest rates historically low and near zero through at least 2023. This is a tactic to hopefully help the rest of the economy back to full strength after the recession caused by the pandemic brought things to slump. All of this was communicated in their September policy […]