Scott Burns still likes I bonds

Scott Burns, financial columnist for the Dallas Morning News, still likes I bonds. In today's column, Inflation bonds still worthy of interest?, Burns talks to several Series I Savings Bond investors who are upset with the low level of the current inflation component.

Burns says to "get real":

The more important fact here is the fixed rate ? the "real" return over the inflation rate. The 1.4 percent for bonds sold in the next six months is the best rate offered since late 2002, when the rate was 1.6 percent. If you believe inflation will be 3 percent or more in the future, I Savings Bonds are very competitive with both conventional Treasury securities and tax-deferred annuity products.

Laurence J. Kotlikoff and Burns are authors of one of the most important recent books on personal finance, The Coming Generational Storm: What You Need to Know about America's Economic Future.