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How to make it, spend it, and invest it

31 Jul 2019

Mastering Money 7/31/19

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Post by MoneyRadio Staff

The Federal Reserve has reversed course and will likely be keeping interest rates low for a while. Good news for borrowers, bad for savers and retirees. Bond interest rates are at one hundred year lows. Once upon a time, a million dollars in treasury bonds would pay a retiree seventy thousand dollars a year, guaranteed for ten to thirty years. Today, that same ten-year treasury bond is paying under two and a half percent, meaning you would be tying up your money for ten years at a measly twenty-three thousand dollars a year. Today, learn which annuities can still pay you an income of seven percent for life, without risking a penny in the stock market and while remaining in control of your principal. Then health and Medicare insurance expert Shelley Grandidge joins us for the Q & A. A big show you don’t want to miss. MASTERING MONEY is on the air!!