BP Employees:

Interest rates for November, affecting retirees collecting their BP RAP (Retirement Accumulation Plan) benefits on March 1st, 2023, moved almost identically with our estimated rates. In the coming month, we expect Corporate Segment Rates to decline as market expectations are for the Federal Reserve Bank to slow down the pace of future rate increases.

This could be a welcome relief for your BP RAP, which has seen rapid interest rate increases over the past 11 months. The Fed sees short-term interest rates over 5 percent, but bond market traders are anticipating the Fed to begin slowing, or even stopping its interest rate raises during the first half of 2023. The November Consumer Price Index report came in below expectations and there are more signs that inflation, while still historically high, has started to trend lower.  Although there might be a long road ahead before inflation is defeated, the aggressive rate hikes that we have become accustomed to in 2022, may soon be dwindling down.

If you are considering retiring this year or next, we cannot stress enough the importance of getting professional advice during this highly volatile time. Financial markets may continue their downward trend as we look at the remainder of 2022. Choosing the wrong month to collect your retiree benefits could cost you tens of thousands of dollars. Our team at Capstone Wealth Advisors specializes in knowing the inner workings of your BP Retirement Plans and how to help you make the decision that best suits your individual situation.

If you would like to learn more about how your pension is impacted by interest rates or if you are concerned at the overall situation of financial markets today and would like advice about how we believe you should navigate it, please do not hesitate to contact one of our experienced financial advisors who specialize in knowing the inner working of your BP RAP plan. This service is free of charge for all BP Employees and Retirees.

To schedule a complimentary consultation with our team email info@capstonewealthadvisors.com or call us directly at (877)739-6007.


Capstone Wealth Advisors

Bellingham, WA


Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

Stock investing involves risk, including loss of principal. International & Emerging Markets investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in Emerging Markets.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.

Confidentiality Notice: This email transmission and its attachments, if any, are confidential and intended only for the use of particular persons and entities. They may also be work product and/or protected by the attorney-client privilege or other privileges. Delivery to someone other than the intended recipient(s) shall not be deemed to waive any privilege.

Capstone Wealth Advisors and its representatives are separate and apart from any other named entity.