Adapting to a low interest rate environment. Your parents are retired and have expressed concern about the really low interest rates they’re earning on their savings. They’ve been approached by an...

Adapting to a low interest rate environment. Your parents are retired and have expressed concern about the really low interest rates they’re earning on their savings. They’ve been approached by an advisor who says he has a “sure-fire” way to get them higher returns. What would you tell your parents about the low-interest-rate environment, and how would you advise them to view the advisor’s new prospective investments?