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I hope you enjoy my video this month on fixed-income investments. Back in the old days, people would say, "Well, as we approach retirement, we have more in bonds and CD's because that provides us with a steady flow of income." Well today, with interest rates as low as they are, you can't survive on income that's in the 1.5 to 2% range. I believe that you have to look at alternatives.
I'd be glad to speak to you personally about your financial investment needs and concerns. Please contact me at 614-888-2121 or send an e-mail to chornyak@chornyak.com.
Today, with interest rates at 60-year lows, it's extremely difficult to get the income that we need from traditional types of fixed-income investments. For example, dividend-paying stocks may provide an income stream that is higher than today's fixed-income bonds. You can't just look at income in a vacuum, you have to consider the impact of inflation and taxes.
