The Retirement Detective

The Case of the US Credit Rating Downgrade


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The Case of the US Credit Rating Downgrade

Episode 27

In this episode, we discuss and analyze the recent downgrade of the United State's credit rating from AAA to AA+ by Fitch.  Fitch is one of the three major credit rating bureaus in the United States.  Fitch is not the first to downgrade the U.S. as S&P downgraded the U.S. from AAA to AA+ in 2011.  We compare and contrast the two downgrades and what all of this is likely to mean for investors and retirees.

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The Retirement DetectiveBy Philip Mock, CFA®, CFP®