offer 5% Retirement Bonds to those over 62

For seven years the Fed's zero interest rate policy has punished retirees living on fixed incomes.
The Fed may have good and sound reasons for their policy but retirees are collateral damage to the process. Folks who expected lifelong savings to generate $50-100,000 annually are now earning $2,500 and consuming their nest egg at a frightening pace.
This is not some random damage from the free market economy. .
The government can, however, in a fast, fair and judicious way easily take care of this issue.
The Treasury should offer 5% retirement bonds to those over 62. The well-off would limited in their participation.
The Federal government already borrows $800 billion to $1 trillion per year. They should get more of it from their citizens and less from China.