Interest rates near zero put savers in a bind

U.S. interest rates are at their lowest point in a century and do not look like they are going to climb any time soon. This is putting a significant squeeze on those who are trying to save for retirement. Case in point: a 10-year Treasury bill yields a paltry 1.7 percent rate, and a one-month T-bill currently offers a rate so low that anybody investing in one would need 1,387 years to double their money. With inflation running at nearly 2 percent, Treasury securities are a losing proposition – good for the government, bad for you. What to do? (Hint: IUL looks like a pretty good alternative. – Ed.)