Retirement Income Strategies: How to generate high monthly income with low risk
Key Takeaways: Americans are unprepared for retirement. Savings rates are low and retirees need to generate high monthly income for living expenses on those savings – in an overvalued stock market. In addition, the age-old recommended 60-40 retirement portfolio (60% stocks and 40% bonds) doesn’t work. Per Goldman Sachs, “Today, a 60/40 portfolio yields less […]