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How Fed. Policy Hurts Retirees:

Wednesday, June 5, 2013 - 8:34 AM
From Bankrate.com:

http://www.bankrate.com/finance/f...rees-1.asp

Some good points on low savings rate, reduced pension, high long term care cost, and inflation.  One should be aware of these shortcomings and make the best of it.
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51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,426
1. Wednesday, June 5, 2013 - 8:49 AM
A good article. Thanks for posting it 51hh. I find Fed policy effect No. 4: Costly long-term care premiums, very accurate. The insurer for my LTC policy, which I took-out in 2004, no longer writes these policies because of the low interest rate environment.
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ShorebreakShorebreak2,622 posts since
Apr 6, 2010
Rep Points: 14,212
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