The expected final return on

[teaboy]

The expected final return on these depends on where you stand on the “Is Inflation Transitory?” thread. 🙂

The current (“Fixed Rate”) interest rate on these is 0% for 30 years until they mature. It only looks good right now due to the additional 7.12% (2 x semiannual inflation rate).

A year ago this was 1.68%, not 7.12%. Who knows where it’ll be next year?
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/IBondRateChart.pdf

Also, very important to note:
When can I cash my I bonds?
After they are 12 months old.

-If you cash an I bond before it is five years old, you will lose the last three months of interest.
-I bonds earn interest for 30 years if you don’t cash the bonds before they mature.
-If you’ve been affected by a disaster, special provisions may apply.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iredeem.htm