Retirement Planning in 2020, with Dr. Wade Pfau
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How Does Dropping Interest Rates Rake the Cost of Retirement?
Many people are wondering if they should change their strategy, and if so, how to begin with. How does dropping interest rates raise the cost of retirement? Well, it means you need more assets to fund a givean expenditure. To what extent is that offset by the opportunity that low interest rates present? I in terms of assuming that you still are a mortgage holder, re financing your mortgage, or using this as an opportunity to buy rental properties at a low interest rate.
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