✉news BusinessPersonal Finance first seen 1 d ago, last 8 h ago, peak #4
Should a 66-Year-Old Put 40% of Retirement Into 10-Year Treasuries?
Original: Mom Is 66 And Wants To Put 40% Of Her Retirement Into 10-Year Treasuries To Live Off The Interest With Yield Hitting 5.24%. Is It A Crazy Idea?
A personal finance debate is underway over a 66-year-old mother's plan to move 40% of her retirement savings into 10-year Treasury bonds and live off the interest, with yields around 5.24%. Commentators are weighing whether the strategy is sensible for steady income or too concentrated, given inflation risk, interest rate changes and the fact that only part of her portfolio would generate returns.
Why now: High Treasury yields near 5% have renewed interest in whether retirees can safely live off government bond interest.
10-year Treasury bonds24/7 Wall St.
Evidence
- Mom Is 66 And Wants To Put 40% Of Her Retirement Into 10-Year Treasuries To Live Off The Interest With Yield Hitting 5.24%. Is It A Crazy Idea? · 24/7 Wall St.
API: https://socialmediatrends-api.osmike.com/v1/trends/842132