Fixed income and retirement

09 April 2015

 

FIXED INCOME AND PLANNING FOR RETIREMENT Glenn Stevens, RBA governor, stirred up the retirement community last month by flagging the fact that generating enough retirement income in a world of historically low yields would be a ‘nontrivial’ challenge for all concerned. "The key question is: how will an adequate flow of income be generated for the retired community in the future, in a world in which long-term nominal returns on...

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