View Single Post
 
Old 11-21-2022, 02:03 PM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 14,463
Thanks: 2,386
Thanked 13,888 Times in 5,317 Posts
Default

Quote:
Originally Posted by daniel200 View Post
Well if you have enough noninvestment income today to meet all of your expenses, then whatever path you take should work … i am in a similar situation …. I have been gradually downsizing my investments the last few years in favor of cash and short term treasuries. I sleep well knowing my downside risks are minimal.

I am also content to know that my money market accounts are now paying 3.8% and short term treasuries 4.6%. Sure the overall inflation rate is high … but my personal inflation rate is not.
I would have agreed with you 20 years ago, when I could live off of my money market and bond monthly interest checks. But I don't think the Federal Reserve will ever again let savers get a fair rate of return on their fixed rate income investments. They want to encourage more borrowing and less saving.