Letters
To the Editors:
I have subscribed to your publication for a number of years and find quite a bit of interesting information therein. But I have one criticism about your articles concerning retirement. Most of them deal with members about to start retirement (what their asset allocation should be, withdrawal rate for 20 or 30 years, etc.). Well, I’m 88, and have been retired for 28 years on a fixed pension.
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What I need is advice on how to make ends meet when most bonds, bank accounts and money market funds only yield a fraction of a percent.
I have read that the 80-year-old-plus portion of the population is increasing faster than any other segment. So how about paying some attention to our problems?
James D. Bushnell
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Discussion
AMEN! These comments should be a major emphasis for new investors as well as new retirees,I speak from 50 trs investing and 25 yrs retiring experience.
posted over 2 years ago by Robert from Texas
I am 87 yrs. of age and am concerned with stability of income and safety of our assets. Would likemoe articles about Closed End Tax Free Bonds which tend to fluctuate wildly at times. Mostof these funds contain AMT Bonds which are taxable and require using IRS Form 6251 at year's end. Another headache....Buyers of these Closed End Funds should investigate prior to purchase.
posted over 2 years ago by Joseph from Washington
