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Message: <blockquote data-quote="Oldfart" data-source="post: 2979242" data-attributes="member: 64407"><p>According to Bankrate, 2004 was the last year of above 4% CD returns.  Since then they have been dropping and are presently below 1%, yet we still get 4%.  Like I said,  when you get older and want more stability and less risk, 4% is an excellent return.  I can draw out 5 or 6% while earning 4%, that makes  401k go a long way as far as years your money will last.   I don't want to get 8 or 9% when I retire because that means my money is at risk of being lost.   It would be nice to get that return and some of my money will be in riskier investments, but overall, I am going conservative when I retire.</p></blockquote><p></p>