Who?

I could have retired many years before I actually did...


Inflation plays a role in CD rates. Interest rates are currently not beating inflation. Historically, inflation is usually mild during this time. During the year leading up to October 2010, inflation was approximately 1.2 %, according to the Bureau of Labor Statistics. Inflation has averaged 4.38 % since the 1960s. Investors would experience a great loss if inflation returned to normal. Those with long-term CDs without the option to withdraw money or use bump-up rates would lose a great deal of money.

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