Annuities One Solution For Today’s Challenging Retirement Environment
October 20, 2020 by Timothy L. Dameron
Investing used to be easier for retirees. Many sought to generate enough income from the yield created by bonds or short-term investments like money market funds to meet their living expenses.
This was easier in 1981, when yields, another term for interest, on the benchmark 10-year U.S. Treasury note reached 15.8 percent. In early 1990, the yield was still impressive, at 9.0 percent. But that’s a far cry from today’s market.
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