Rising interest rates change calculations on pensions for some potential retirees
Higher interest rates are good for our cash and checking accounts, but not always good for pension holders. Rising interest rates have an inverse relationship with the lump sum value of a pension. As interest rates rise, the value of a pensioner’s lump sum could decrease. For this reason, I see more pensioners who want …
Rising interest rates change calculations on pensions for some potential retirees Read More »