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There are such things as "bump up" CDs where you can bump up to a higher rate if they develop. I am buying double bump up 3-year CDs from Independence Savings & Loan here in the Washington, D.C., area. Also you can invest in REITs that raise their dividends every year to help you keep even with inflation plus a chance to increase stock price. For example Washington Real Estate Investment Trust (WRE) has increased its dividend for 30 consecutive years. It is currently about 5.6%. It has had a good runup in stock price, but the dividend is healthy and very likely to continue increasing. There are REITs paying bigger dividends, Health Care Properties is paying over 8% and has increased their dividend every quarter since 1985. But I think it is more risky than WRE.

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