One big disadvantage for us is the inability to collect ongoing income from I-Bonds. With the amount we have saved, the likely absence (or tiny amount) of pensions, and who-knows-what with Social Security, we need all of our savings to provide income. For example, our $100,000 5-year CD ladder currently provides almost $5,000/year and 2, $20,000 10-year CDs provide $2,000, while $140,000 of I-Bonds would provide nothing until we cash them in--and then they'd be gone. *Do I misunderstand, or are I-Bonds better for the wealthy (won't miss the current income), or for older people (doesn't mattter if they start using up their savings), or for poeple who are still working? I've been wondering about buying some I-Bonds to help with health care/insurance expenses in the future--too bad they don't have Health Care Bonds whose inflation portion gows to match the cost of health care!* My goal is $1000/month in interest from cash (money market accounts and CDs--we're almost there), $1000/month in bond interest (we're there but I'm nervous about our corporate bonds), $1000/month in stock dividends (a couple hundred short here), and a flexible amount up to $1000/month in capital gains (from rebalancing asset allocations). Plus $2000/month in Social Security (if we get what we're due!). This is $60+/year for 2 people (who may have to buy our own health insurance, but even if not, it's lightly subsidized by DH's employer, a state college).
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