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 Quote by rhody 5 retirement tactics in a low-interest-rate world The bottom line, prioritize your expenses, and learn to do more with less, unless you want to take on more risk, a dicey thing to do if you are retired. Rhody...
 Quote by rhody 5 retirement tactics in a low-interest-rate world 5 retirement tactics in a low-interest-rate world The yield on the 10-year U.S. Treasury note is about 2%, or one-half its yield in February. The yield on the two-year note is 0.22%, about two-thirds its yield at the beginning of 2011. Meanwhile, inflation has risen 3.63% over the 12 months ending July 2011. Let’s put this in perspective. If in February you had a $500,000 portfolio of 10-year U.S. Treasury notes throwing off$20,000 in income to fund your living expenses, and for some reason you had to reinvest all that money in the 10-year notes being issued today, your portfolio would generate only $10,000 in interest income. Meanwhile, the cost of goods and services that your$20,000 in interest income once paid for has now risen to \$20,600. The bottom line, prioritize your expenses, and learn to do more with less, unless you want to take on more risk, a dicey thing to do if you are retired. Rhody...
The only good thing about the recession is devalued assets - especially real estate - but it's clearly not for everyone.