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No, low interest rates are a global phenomenon. It has to be, because otherwise massive arbitrage opportunities would exist. interest saving accounts produce n
by mxschumacher 5y ago
No, low interest rates are a global phenomenon. It has to be, because otherwise massive arbitrage opportunities would exist.
interest saving accounts produce negative real returns, you cannot put enough money into one to generate the passive income you need to retire.
The whole retire early idea is predicated on substantial investment returns and the ability to outpace inflation. Savings accounts won't cut it.