Investing For Your Retirement: What kind Of Bonds Should Be Incorporated Into My Senior Estate Planning?
By Rick Law, Elder Law Attorney in Illinois. Today let’s talk about a common investment that many seniors have in their investment portfolio. Mortgage backed securities (bonds) while “safe” may not provide the “ROI” (return on investment) that you’re looking for in today’s economy. Some risks associated specifically with mortgage-backed securities include
- Pre-payment risk;
- Contraction risk; and
- Extension risk.
- Treasury bills
- Treasury notes
- Treasury bonds
- Treasury Inflation Protected Securities (TIPS).