Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

How Fed Policy Has Devastated Three Generations Of Retirees

Friday, September 13, 2013 - 8:50 AM
One aspect of the American Dream has always been the prospect of enjoying one's golden years in retired bliss. And while everyone knows that the rules of the game have been subject to change over the years, the recent, unprecedented changes in fiscal policy have proved to be a virtual wrecking ball to Americans' retirement dreams.

How Fed Policy Has Devastated Three Generations of Retirees | Casey Research
9
ShorebreakShorebreak2,380 posts since
Apr 6, 2010
Rep Points: 12,706
1. Friday, September 13, 2013 - 9:05 AM
"In an attempt to avoid the swings while still making money to live off, Boomers have flooded the bond market with money and significantly reduced their stock market exposure."

Just in time for the bloodbath of the bond market.  That is their misfortune.

I never like bonds or bond funds.  They are mysterious animals that can lose money for you anytime.  In good market days, they just stand still as if nothing happens.  Then they reduce value subtly day by day.  I experimented bond funds for 1-2 months many years ago and decided never to touch them again.
8
51hh51hh1,462 posts since
Jan 16, 2010
Rep Points: 6,352
Reply