Will Low Interest Rates And Longer Lives Reduce Living Standards In Retirement? Not Likely
Wade D. Pfau
Interest rates throughout the developed world have remained at historically low levels for seven years. Today, the US aggregate bond index offers a prospective yield of 2.4%, well below its long-term average.
Kokernak, Louis, "Will Low Interest Rates And Longer Lives Reduce Living Standards In Retirement? Not Likely" (2015). In the News. 696.