Low interest rates that have persisted since the financial crisis of 2008-09 have been a net benefit to retirees.

Name: Low interest rates that have persisted since the financial crisis of 2008-09 have been a net benefit to retirees.
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Question

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Low interest rates reduce the returns on fixed-income investments such as bonds and CDs, which are often relied upon by retirees to generate income. Therefore, low interest rates have been a disadvantage to retirees.

Low Interest Rates That Have Persisted Since the Financial Crisis