When it comes to investing for income in retirement, many people are looking for safety. That often leads them to consider low-risk options like bonds or Guaranteed Investment Certificates — GICs. But according to Suze Orman, personal finance expert and host of the "Women & Money" podcast, not all fixed-income investments offer the same benefits.
In a recent episode, Orman shared why she prefers bonds over GICs — and what investors, especially those approaching or in retirement, should understand before choosing between the two.
