Reported 2 days ago
In a recent Reddit discussion, users heavily criticized a member’s retirement plan, which involved investing in U.S. Treasuries maturing in 2041 at 4.75% APY. Critics argued that rising inflation could outpace this interest rate, rendering the plan ineffective and suggesting that a diversified approach with equities or index funds might yield better long-term results. They emphasized that basing retirement solely on bonds can be risky, as they may not deliver sufficient growth to cover increasing living costs.
Source: YAHOO