By Penelope Wang
February 24, 2017
Chad Griffith

For retirement savers, the long income drought continues. The typical yield on bank savings accounts still hovers at a measly 0.25%, while a 10-year Treasury pays a modest 2.4%. After a small interest-rate hike in December, the Federal Reserve has held off on further increases, though there are hints that more may happen soon. Of course, rate-hike predictions—and market predictions, generally—are frequently off the mark. But if interest rates do rise, the bonds you own now will suffer a price hit. So make sure you are holding a well-diversified portfolio, both in your bond and stock allocations. And don’t ignore the long-term planning issues that can make or break your retirement. To ensure you are on the right path to your goals, check out these three questions.

Best wishes,


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“There is about the mention of any substantial sum of money something that seems to exercise a quickening effect on the human intelligence.”

–Writer P.G. Wodehouse

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