The amount of the bond and the yearly payment, I just consider it's like another utility. My CYV bond was $14,000 and it's $1100 a year. This year will be my ninth year, so I'm in for $9900 come November. It's not until my 13th year that I break even, by then I'll be 74 and could be dead. If not, my bond payoff will be about $12,000, so I can pay it off or continue to pay $1100 a year. For a bond any bigger than what I pay, I would only look at resales, unless money was no object.
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