Our 2 Cents

Welcome to Our 2 Cents in 2024! We are ushering the new year with a great new episode. Today, Gabriel and Steve discuss interest rate predictions from some of the major banks on Wall Street. Then they share a couple big changes for retirement coming in 2024. Don't miss Gabriel's quote of the month to wrap up the show!2024 Interest Rate Predictions:The Fed's expected end-of-2024 interest rates.Bank of America's prediction on the likelihood of a Fed rate cut by March.Goldman Sachs' forecast on rate cuts.JPMorgan's revised interest rate outlook.UBS' expectation on a recession in 2024 and massive rate cuts.Big Retirement Changes for the New Year:Social Security's COLA for 2024.Increased Medicare expenses for the new year.New rules for 529 plans that could add an interesting layer to your retirement planning.Gabriel's Quote of the Month:"Don't let money run your life, let money help you run your life better." — John Rampton