Don’t hate the messenger, but one of the best ways to guarantee income in this low yield environment is to continue working. Your salary may never be more valuable than it is at this moment in history. I want you to consider your job as a bond investment.
When you retire you must have bonds in your portfolio, plain and simple. Bonds can help protect your assets when markets crash. In 2008, treasury bonds made money.
Today, the 10-year treasury yields 2.6%. Imagine how much money you’d need to have in 10-year treasuries to replace a salary of $50,000. The answer is $1,923,079. So before you say it’s not “worth” it to work anymore, consider how hard it is to replace the income. You’ll soon realize how valuable you are.