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Additionally this forces us older folk to take undue risk with dividend paying equities that in time will always revert to a mean.
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Think the word is “undue,” actually.
But yes, it forces older people too far out the risk/return curve. While I was playing piano at a retirement home a few years back, a resident asked me, “Where can I get a SAFE positive after-inflation return?” “Nowhere,” was my reply, sadly.
Savers DESERVE a positive after-inflation return on their investments. Why do no politicians think about them?
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Got it…