2 Question Tuesday – 11/01/2022 – Where to Put Money if You Only Have 401K or IRA & Do You Think The Fed Will Pivot Soon?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Where would you put your money if you only have an IRA or 401K?
- Do you think the Fed will soon pivot on Interest rates?
Phil, Mike, and Larry discuss where people who plan on retiring with just an IRA or 401K account as their primary source of income should be putting their money today? They then discuss whether the Fed will stop raising interest rates after Wednesday’s meeting or will rate hikes continue considering the high level of inflation in the US.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.