Can A Nation $18 Trillion In Debt Afford Higher Interest Rates & Will This Change Our Retirements?

By Daniel Amerman – Re-Blogged From http://danielamerman.com/

For some years now, very low interest rates have been reducing the earnings of retirement investors as well as the lifestyles of many of those already retired. To understand why this has been happening – and why it may continue for a very long time – one must recognize that there is a direct relationship between the interest rates that are paid to savers, and the interest payments made by a heavily indebted federal government.

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