So many reasons to End The Fed. This is yet another.
By artificially suppressing interest rates, The Fed incentivizes retired people to toss their money into equities in order to keep up with the Fed's inflation.
It's no guarantee that they'll even be able to keep up with inflation.
In and of itself, there is nothing wrong with investing in equities. But you should know what you are doing. It's certainly (in my opinion) not something that 80% of retirees should be doing.
A vast (vast) majority are at the mercy of their 'financial advisor.'
80% risking retirement funds in equities is unnatural. Without the Fed, I don't believe it would be anywhere near that high.
End the counterfeiting Fed. 