certificates of deposit

Recent research shows that most African Americans/blacks age 50-plus use financial products, such as checking accounts and savings accounts. But only 1 in 10 use retirement planning products, such as a  401(k) plan or individual retirement account (IRA). Millions of Americans haven’t saved any…

I often hear that interest rates are awful and that it's the worst time ever for retirees needing to live on fixed income. Yet when you look at after-tax, inflation-adjusted returns, a different picture emerges.