Retired, 50s, around 1 million cash, most in FDIC covered banks that I rely on for interest income. No pension and my SS will be minimal. As an expat my costs are low I'm not terribly worried about inflation.
As bank and CD rates creep down, I'm looking at long term solutions, 10 year CDs through banks, or 20 or 30 year treasury bonds purchased via etrade
50k per year guaranteed for me would be acceptable, without worrying about interest rates, market crashes, etc.
In my situation, would a $500,000 20 or 30 year US bond be a good investment?