Since the financial crisis, central banks (including the Federal Reserve) have engaged in an experiment of epic proportions. In an effort to stimulate economies, interest rates have been held artificially low. Many of the results have been predicted, but there are potentially unintended consequences to these policies.
In the article on Fox Business (Low Rates Make Retirees Gnash Their Teeth), advisors, including Sam Scott, weigh in. Click here to read.