This was supposed to be the year interest rates on Treasury bonds and bills would finally begin to rise, making it easier for retirees to generate more income from those relatively safe investments. It hasn’t panned out that way though. The Federal Reserve hasn’t increased rates since a 25-basis-point hike in December, and Fed Chairman Janet Yellen has been measured in her statements about possible future increases.
With rates likely to stay low for a while, retirees need a Plan B for deriving income from investments. And part of that Plan B could rely on stocks, specifically those that pay dividends...
Source: Fortune