Six days before the United States will have insufficient funds to pay all its creditors, Republicans and Democrats have yet to reach an agreement on how to avoid default and obviate a momentous downgrade of the nation’s credit rating. Hanging on the outcome of the debt-ceiling crisis are interest rates on U.S. Treasury bonds and consequently, all loans; the salaries of millions of federal employees, including active-duty military; payments to the millions who depend on Social Security and Medicare — all these and more.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.