✉news BusinessPersonal Finance first seen 11 h ago, last 58 min ago, peak #4
Retiree Weighs Putting 40% of Savings Into Treasuries at 5% Yield
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 66-year-old retiree is considering moving 40% of her retirement savings into 10-year Treasury bonds, aiming to live off interest payments now that the yield has reached 5.24%. Commentators note the strategy offers safety and decent income, but point out that locking in rates for a decade carries reinvestment and inflation risks, and that the remainder of the portfolio would need to keep pace with rising living costs.
Why now: High Treasury yields have renewed interest in bond-based retirement income strategies.
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