FYI: For the last 10 years, interest rates have remained stubbornly low to the disappointment of many retired investors. Back in the good old days of the 1990s, if you were retired, you could have invested in some safe U.S. Treasury bonds and earned 6 percent or more, generating a nice income stream for retirement.
But since the financial crisis in 2008, it’s been a different story. Many retired investors have been waiting for interest rates to rise so they can enhance their income. But as the saying goes, you might be waiting until the cows come home.
Regards,
Ted
https://www.denverpost.com/2019/05/05/road-retirement-charlie-farrell-interest-rates/
