Exactly who is retiring on the income from safe bonds in 2021? You might remember when, once upon a time, the 10-year Treasury was a source of acceptable retirement yield: Thirty years ago, we could get 7% or more for sitting on high-quality U.S. debt, Twenty years ago, we could still gather 6%, Even a decade ago, we were pocketing a respectable 4%. Today? We can’t even collect a lousy 1% yield! Buying Treasury Bonds? Congrats—You’re Broke! Put a million bucks into 10-year Treasuries and we’re banking just $9,500 per year in income. That’s below poverty levels . Yikes. Things aren’t any better on the stock side.… Read more