Retirees’ Cash Strategy Crumbles | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 4, 2026 · 1m

Retirees who piled into money market funds during the high-yield, low-risk boom of 2023-2024 are now feeling the sting as rates have dropped — and their once-generous income streams are evaporating. With the Fed cutting rates since late 2024, portfolios built for a high-interest environment are underperforming, and confidence is plummeting: nearly half of retirees felt secure in 2020, now just 27% do. Experts warn the game has changed — it’s no longer about chasing quick returns, but about strategically selecting income-generating bonds that deliver steady, reliable cash flow, like renting…