Or is the point that Savers have been hard-hit as inflation has climbed toward 9%, sending prices of both stocks and bonds plummeting?) A rate hike comes with pros and cons for the average consumer. “Extra planning” seems meh) Conversely, savers and retirement planners can benefit from an interest-rate increase. Investors with a focus on retirement may find annuities to be a reprieve from the market volatility (this is the first mention of market volatility — instead, tell readers that stock and bond markets have been losing value as inflation has climbed toward 9%.) and inflation stresses, too, since they are intended to provide guaranteed income to retirees when chosen properly.