Will Interest Rates TANK in 2024?

0:00 Will Annuity Interest Rates Tank in 2024?

03:52 🏡 Interest rates impact varies; poor for mortgages but favorable for long-term annuities.
04:33 📉 Despite predictions of rising rates, they remained stable through 2023.
06:49 🤝 Focus on making the best retirement decisions based on current rates rather than speculative future rates.
08:12 🛢️ Inflation and fuel prices have decreased, impacting consumer costs less than in previous years.
09:36 📊 Fixed annuities could have been a better investment than bond funds, offering growth instead of loss over recent years.
12:58 🔄 Interest rates are expected to remain stable ("sticky") in the short term according to financial experts.
13:52 🔒 Annuities offer a secure option for retirement, providing guaranteed returns independent of market fluctuations.