On the Money: Navigating Higher Interest Rates

On this episode of "On the Money," Paul Ruedi, Ryan Repko, and Dr. Fred Giertz discuss how consumers should navigate higher interest rates. They also answer a listener question about "Bidenomics" and hear from a 34-year-old who is maxing out his 401k and Roth IRA.

 (2:57) Economy, interest rates, inflation

(5:06) Car loan interest rates

(10:45) Adjusting a retirement plan when necessary

(17:59) Listener question: Can you explain the principles of “Bidenomics”

(29:35) 401(k) catch-up provision rule changes

(45:33) Listener text: I am a 34-year-old who always maxes out my 401(k) and Roth IRA every year. Am I ahead or behind?