In the past, retirees had the luxury of investing in a diversified portfolio of bonds and stocks to generate sufficient income in retirement. Today, the idea of retirement has become much more challenging and retirees must develop a more sophisticated investment plan to generate high and safe income.
On one hand, bonds pay close to nothing and produce negative returns after inflation and taxes:
And on the other hand, stocks are not much better. Even after the coronavirus sell-off, yields remain exceptionally low and it sure does not feel that investors are