Ep 517 - Savings rate traps & Why you might need to ditch the 4% retirement rule
On this week's podcast Damien explains how the rise of short-term 'bonus' rates are creating a price war amongst providers. He reveals how these types of rates can leave you worse off as a saver before explaining how you can calculate the effective annual rate to see what you’re really earning. Next, Damien looks at…
We score an episode from what we can actually measure — its reach and engagement, what listeners say about it, and what it covers. We don't have those signals for this one yet, so it doesn't get a number.
Buzzmeter says it's buzzing across platforms — the Hive Vote says whether the people who actually listened liked it.
Rate this episode
Add your vote to the Hive — listeners rate every episode after they finish.
- No reviews yet — be the first.
More from The Money To The Masses Podcast
See all episodes →Ep 560 - Should you still invest at all-time highs & how saving £5 could change your life
Money Vault - When 'good enough' is better than 'perfect'
Ep 559 - Beginner's guide to buying an Electric Vehicle
Similar episodes from other shows
More like The Money To The Masses Podcast →
E43: Who wants to be a pension millionaire? With Faith Archer, Damien Fahy and Maike Currie
Trapped by inflation? The return of financial repression
Is 4.7% the new magic number for sustainable pension withdrawals?
Beware fixed-rate savings trap… and secrets from an Isa millionaire
One great episode in your inbox, daily — free.
One email a day, unsubscribe anytime. No spam, ever.