Retirees today face enormous challenges as expenses and costs continue to rise. Yet yields on bonds and fixed income assets remain depressed; the yield on short-term bonds is less than 0.5%. A longer term might yield up to 2%. How can retirees plan to meet their future income needs in such a low-interest environment?
Unfortunately, many retirees have chosen to move into assets that produce a higher yield, including high-yield bonds, high dividend-paying stocks, and masterRead More