In an era of low interest rates, the traditional strategy of saving and stashing away your monies in higher-interest rate accounts is dead in the water. With various banks slashing their interest rates multiple times in 2020 – there is a growing realization what was a low risk way to make some returns…. is actually now “more risky”. Why? What was considered low risk can also be reframed as high risk as those monies sitting in the bank accounts slowly get devalued by the impact of inflation. From a possible maximum of 1.85%, the interest rates in these accounts are averaging just under 0.5%, which means savers are locking in funds below the rate of inflation and getting nearly nothing in return. Saving might no longer be so safe. This is a reality that all of us must learn to grapple with. That popular image of retirement as a carefree twilight spent with family and friends on the balcony no longer exists....