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Switzer Daily 27 May 2021 With big bank term deposit rates down to a paltry 0.40%, self-funded retirees are increasingly turning to riskier investment options to generate income. Others are drawing down on their capital, but this is not a strategy that can be employed indefinitely. And with the Reserve Bank maintaining that the cash rate is not going up until 2024 at the earliest, there is little relief in sight. So here are some investment options that can generate a 5% income return. They are not riskless, because any investment promising a return over the “government guaranteed” rate of a term deposit involves risk. Further, the higher the promised return, ....