Invest In I Bonds With Inflation High

A jar of coins with the word retirement written on it.


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.