With the stock market extremely volatile and interest rates low, many seniors are trying to figure out what to do with their nest egg. A nice safe investments are I bonds, which are U.S. treasury bonds which pays interest based on the consumer price index (CPI). They currently are paying 9.62%. Any I bond that you purchase from now through October will pay that rate for six months, at which point it resets. You can buy up to $10K in I Bonds per year.
