Weekend Reading: 3 Key Retirement Decisions Affected By Higher Yields

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
3 Key Retirement 3 Key Retirement
Weekend Reading

Higher yields shake up retirement planning big time! They impact annuities, long-term-care insurance, and Social Security decisions. With higher yields, annuity payouts shoot up, making them a hot pick for retirees seeking steady income. But watch out for losing easy access to cash and the sneaky inflation risk. Long-term-care insurance costs might spike for traditional policies, while hybrids could get a boost from rising rates. And guess what? Delaying Social Security still wins the game, even with higher yields in the mix. It could be a smart move, especially if you’re looking at a longer life or have a younger partner.