With Higher Interest Rates, Is “Lazy Money” Still A Concern In 2024?

Is 'Lazy Money' still a concern in 2024's higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments.

 

Here's what we discuss in this episode:

• What are we talking about when we say, “lazy money?”
• The current interest rate landscape + why people end up with too much lazy money in their portfolio
• Addressing excess lazy money by calculating a "war chest,” understanding your income plan, and fine-tuning investments
• Achieving a “Goldilocks” allocation of assets that is just right for your financial goals

 

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724