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.
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.
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