Generating Income in a Low Interest Rate Environment
If you’re getting ready to retire or are currently retired I’m sure you are well aware that we are in an environment with record low interest rates. You have probably been to a bank or credit union and have asked them what type of investments they have that can provide you an income now that you aren’t working, I’m guessing you were a bit disappointed.
When dealing with a volatile market, sometimes the most difficult challenge is to manage your emotions. If you decide you need to re-examine your game plan, it should be done with as much care as you put into developing that plan in the first place. Your financial professional may be able to help you decide if any of the following may be appropriate for you.