Is a CD the best place for a 65 year old to "park" his money?

CDs are what I am comfortable with. I don't want to have the money tied up long-term which is why I have been comfortable with CDs as I can lock the rate in for 3-6 months at a time. I keep reading about bonds now. What is the typical rate return? Is that a better option for a 65 year old? -Designer-388

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