Retirement Starts Today Radio

Have you ever hear of a bank bail-in? You read that right, bail-in, not a bail-out. I hadn’t heard of this concept until recently and wanted to share it with you so that you understand how it works. Listen in to understand how this buzzword could be used to trick you into worrying about your savings. You’ll also hear the latest about the Fed’s plans for interest rates in the coming years. Stay informed of the latest in retirement headlines on this episode of Retirement Starts Today.  Outline of This Episode [1:22] Is bail-in a new buzzword?  [6:04] What does FDIC insurance cover? [9:42] What protections are offered for investment accounts? [12:27] The Fed is planning to hold rates at zero for 5 years or more [15:11] What is a bond barbell? What is a bank bail-in? We’re all familiar with bank bailouts. These government-funded cash injections designed to prevent the collapse of a failing bank. Bank bailouts are unpopular across the board, from democrats to republicans to everyone in between.  A bail-in is als