Story thread · 2 reports / 2 sources

A $500,000 CD Ladder Built at 5% Is Maturing Into 4% Rates, and This 70-Year-Old’s Income Just Dropped $5,000

247wallst.com · 10d · first reportShare

When the CD ladder this retiree built at peak rates started maturing, the principal came back intact and the income did not. Understanding why forces a harder look at what fixed-rate savings actually guarantee.