It’s difficult to predict whether or not interest rates will rise this year. If you’re retired and risk-averse, then you’re probably not living high on the hog from a savings standpoint. Did you know that the average savings yield in the first quarter of 2015 was a measly 0.09%? For someone in retirement, that won’t be enough income to live off of. Actually, for most retirees it wouldn’t even be enough to go out for a nice dinner once per year. According to Swiss Re (a Swiss insurance company), since 2008 approximately a half-trillion dollars has been lost in interest income due to low interest rates.