Yes.The income I'm forcing upon myself is the realized interest on the redeemed bonds for the year?I'd suggest you create a spreadsheet with the maturity dates and dollar amounts and compare that to when you'll be in retirement, drawing social security and/or taking RMDs from a 401k or IRA.
You could be creating a relatively high (forced) income for yourself, which of course sounds attractive, but can be a determining factor with all sorts of things like IRMAA.
Regards,
My point was that holding $40k in bonds for 30 years could build up a fair amount of interest income. Since you seem to have a plan to spend them before that day arrives (on college funding) my concern is moot.
Regards,
Statistics: Posted by retired@50 — Sat Feb 03, 2024 11:19 am — Replies 7 — Views 365