Navigating Higher Interest Rates: Strategies for Retirement and Business Funding

As interest rates are expected to stay higher, retirees should consider making three moves to benefit from this change. Retirees need to reassess their financial plans and adjust their portfolios accordingly. With the end of the ultralow-rate environment, retirees must carefully manage their portfolio withdrawals. Experts advise taking action now, despite market uncertainties, to optimize retirement investments in changing times.