I bond
At 78 if I have $1000,000.00 to live on and just have basic bills should I take $10,000,00 in I bonds
Terry Says
You could do that — but you must plan to hold them 5 years. And they won’t always be paying this high rate. See this article for details.
The rest you can leave in a bank MM fund, as rates will soon start to rise. And you don’t want to lose any of this money.