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How to make it, spend it, and invest it

13 Jan 2021

Mastering Money 1/13/21

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Post by MoneyRadio Staff

Interest rates on savings and treasury bonds—once the mainstay of a solid and secure retirement—have entered a dry desert of lingering, extremely low interest rates. The result is that almost no one can retire on a financial diet of social security and the interest they get from bonds anymore. This is a big change for retiring investors because in the past, pensions and bonds made retirement not just possible, but comfortable. Bond investors are so starved for yield right now that they are turning to twenty and thirty year bonds issued by America’s Colleges and Universities—which are struggling due to Covid 19 and cancellation of athletics. If it seems like a crazy idea at a bad time to you, you’re not alone. Today, we’ll review a surprising report on buyers lining up to buy these bonds that may shock you. Then Medicare and Health insurance expert Shelley Grandidge joins us.   A fact filled show you don’t want to miss, MASTERING MONEY is on the air!!!