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Kiplinger
Kiplinger
Business
Maurie Backman

Retirees, Make These Financial Moves Before the Fed Cuts Rates

A representation of an interest rate cut. A percentage sign has a dotted line running through it. On one side is a pair of scissors and the other says "cut here.".

When the Federal Reserve gathers for its upcoming September meeting, it might do something it hasn’t done since December — implement an interest rate cut. At this point, economists and Wall Street alike are pretty convinced that a rate cut is coming. And while it may not be a drastic cut, it could have an impact on many consumers’ finances.

As a retiree, you may be wondering what moves to make — or not make — ahead of the Fed’s upcoming Sept. 16-17 meeting. Here are a few things to consider.

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