Ranking Retirement Income Strategies Worst to First (for Safe 8%+ Yields)

Today we’re going to talk about the single biggest risk you face in your golden years. But don’t worry—I’ll also show you how to clobber that risk and set yourself up for an easy $40,000 in cash for every year of your retirement. More on that below. Let’s address the nasty risk first—the very real chance you’ll outlive your nest egg. A sweeping study says you could be very wrong about the length of your retirement. A Hidden Danger Here’s what the numbers say: in 1992, the University of Michigan asked 26,000 Americans 50 years of age and older how long they thought they’d live.… Read more