Are pensions from immediate annuities attractive enough?

At the end of your working life, you generally expect your savings to see you through your silver years. Among a plethora of options available, immediate annuities offered by insurance companies are avenues to generate a steady defined income all through your retirement years. For those accumulating a corpus via the NPS (National Pension System) … Read more

Here’s How the Fed’s Rate Hikes Will Impact Your Retirement Plan — for Better or Worse | Personal finance

(Ryan Downie) The stock market dropped this week after the August Consumer Price Index indicated that inflation was higher than expected. Paired with a decent employment report, this inflation data opened the door to continued rate hikes by the Federal Reserve. Rising rates are going to have a handful of important impacts on different asset … Read more

Here’s How the Fed’s Rate Hikes Will Impact Your Retirement Plan — for Better or Worse | Personal finance

(Ryan Downie) The stock market dropped this week after the August Consumer Price Index indicated that inflation was higher than expected. Paired with a decent employment report, this inflation data opened the door to continued rate hikes by the Federal Reserve. Rising rates are going to have a handful of important impacts on different asset … Read more

5 Ways to Generate Income in Retirement Without Going Back to Work | Smart Change: Personal Finance

(Catherine Brock) Chances are, your retirement plan didn’t account for this year’s 8% to 9% inflation rates. If you’ve already streamlined your budget to the extreme, increasing your income is the next available remedy to manage those higher prices on food and healthcare. Working is one way to raise your income, but it’s not the … Read more

In Bonds: A Guaranteed 9.62% Yield — but There’s a Catch | Personal finance

Series I savings bonds, better known as I bonds to many Americans, can help you get an excellent yield from your savings, and without taking on excess risk. However, there are a few big caveats you should be aware of before buying I bonds, as Certified Financial Planner® Matthew Frankel explains in this video. 10 … Read more

In Bonds: A Guaranteed 9.62% Yield — but There’s a Catch | Personal Finance

Series I savings bonds, better known as I bonds to many Americans, can help you get an excellent yield from your savings, and without taking on excess risk. However, there are a few big caveats you should be aware of before buying I bonds, as Certified Financial Planner® Matthew Frankel explains in this video. 10 … Read more

Ask a Nerd: When and Why Should I Open a CD? | Personal finance

Spencer Tierney The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. The year 2022 has not been kind to our wallets. But amid rising prices (ie, inflation) … Read more