There is a cobra that could potentially poison your retirement – and that cobra is bonds. The author of today’s article highlights the so-called cobra effect – how “individuals making decisions to cause one outcome to occur can accidentally cause the opposite” – and explains how this phenomenon can occur with retirees and bonds, increasing the probability that they will run out of money as they age. To read more – including how the author believes bonds can be used effectively – CLICK HERE.
What Is The Cobra Effect – And Could It Poison Your Retirement?
Tags:BondsCobraCobra EffectmoneyOwning BondsPoisoned RetirementRetireesretirementRetirement PlanningRetirement Savings