Yup. I'm on it already. Not my sole source of income however. If push came to shove I could probably get by on SS alone. I also have a few I-bonds from the days when the fixed rate was 1% plus the inflation component.
I'm far from being close to financial distress, but it's slightly disturbing to watch the purchasing power of my savings and investments for things like new cars, home remodels and repairs or long term health care diminish.
I wonder if the government will alter their care free spending habits now that there era of cheap debt is gone. Debt could get rather expensive.