Author Topic: 3.54% risk free - I bonds  (Read 1439 times)


  • Stubble
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  • Posts: 139
3.54% risk free - I bonds
« on: June 23, 2021, 07:04:52 AM »
In a world where bonds and cds are paying nothing. You can put up to $10k in a US govt backed (they own the printing press) I bond which pays CPI+0% interest rate. As CPI is 3.54% you will get that for the next six months, and this current 5% cpi rate will feed into the rate over then next six months depending on when you buy the bonds.

You can cash it at any time after a year with a 3 month interest penalty, and if you keep 5 years there is no penalty. they are state tax free, and you can use them to pay for kids education tax free if you have low income (less than about $135k) which may benefit mustachians.

You can buy them directly online through treasury direct.


  • Stubble
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  • Posts: 115
Re: 3.54% risk free - I bonds
« Reply #1 on: June 23, 2021, 07:15:31 PM »
I have been buying them for the last 15 years steadily.  They constitute my complete emergency fund.  Have always paid better than a savings account.


  • Walrus Stache
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  • Posts: 6604
  • Location: Arizona
Re: 3.54% risk free - I bonds
« Reply #2 on: June 23, 2021, 08:47:19 PM »