Wow, Alcan1. Great advice in that first paragraph, but what's going on in that last one?

1. Savings account risk = 0. Royalty trusts risk = 10. A hazardous time to be getting into these things, they have been rising for several years and you will be at great risk of 'buying high, selling low'. Additionally, they are 'wasting assets', that is they link to a block of reserves. As those are used up, so is your investment. They start paying your back with return of capital, rather than return on capital. Which is fine as long as you know what you're getting, and didn't pay top dollar for your units. Right now, you are paying top dollar.
They have been a great asset class for 12 years, but they are by no means remotely close to a 'savings account'.

2. "Boomers" is a word including millions of people, perhaps you are using the word as shorthand for some smaller and more evil group. This (mid-cycle)boomer has not ruined your economy. This boomer has been the victim of a lousy economy and corrupt gubmint most of her life, and 'greedy life style' are words which apply to someone else. Whatever monies she paid into Social Security were handed out by a reckless pre-boomer Congress the same year they were earned.


The real enemy at this point is still lousy leadership, and the gubmint is planning to solve its future problems by printing money. Our 5-10% returns are only illusory as long as the dollar is declining in value, all they do is try to catch up with inflation.