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Fixed-income investments are not good with respect to inflation. A thousand / month withdrawal when someone is 65 might not have the same buying power if they l
by Allocator2008 18y ago
Fixed-income investments are not good with respect to inflation. A thousand / month withdrawal when someone is 65 might not have the same buying power if they live to 85. Another case of if it sounds too good to be true, it generally is.
- numair 18y agoThis ceases to be true if we enter a deflationary environment, as is reflected in the stock prices of annuity-issuing companies.