Yeah, you heard me right.

The U.S. Treasury Yield is almost the same as our local's Fix Deposite.

Just look at the steeeeeeeeeeeeeeeep drop of the interest rate.

A year ago, retirees in the states with $1M would be able to live comfortably with an annual income of 5%, which equates to around $50k per annum. That's a $4166 monthly salary, which I would say, is pretty cool.

And now, after only a single year, with $1M in treasury bills, you'll only get a $1500 YEARLY income with the current 0.15% return. That's even lesser than what you got for a single month a year ago.


That's sucking donkey balls, sitting duck on that useless $1M.

And to make the calculation more interesting, for those old folks who would like to retire on the same kinda lifestyle a year ago, getting $4166/month, you would have to increase your capital of $1M to $33M in order to generate that monthly salary that you desired, with the current 0.15% interest rate.

How's that sound?
Does that indirectly equate to a 33-fold inflation rate?

Hmmm ............