Retirees typically look for bonds to provide two things in retirement: income and inflation protection. But bonds are not what they used to be.
Rates today are too low to comfortably address just one of those issues, let alone both. The "conventional wisdom" of having bonds dominate a portfolio in retirement is outdated and was based on past market conditions and philosophies. Lambert | Archive Photos | Getty Images To that point, 30 years ago the retirement and bond market landscape looked quite different from the one we’re currently experiencing. In 1988, the 10-year Treasury yielded between 8 percent and […]
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