I’m almost 66, and retired at 62 (I married late in life so I had kids under 18 at retirement, thus they got SS money). All of my money is in the stock market, and I’m borrowing (home equity line of credit) to pay for college. I can’t imagine putting my money into bonds, and at these interest rates, plus inflation, it’s like the college is paying me. (Not really – in three years, my college payments will exceed the cost of the house I live in.
I’m almost 66, and retired at 62 (I married late in life so I had kids under 18 at retirement, thus they got SS money). All of my money is in the stock market, and I’m borrowing (home equity line of credit) to pay for college. I can’t imagine putting my money into bonds, and at these interest rates, plus inflation, it’s like the college is paying me. (Not really – in three years, my college payments will exceed the cost of the house I live in.