What strategies do people use to protect against (or minimize) inflation - beyond CD laddering?
For instance, what SWR approaches are used to counter inflation?
I ask as much as a question of discipline, I'd be very tempted to spend the income from a 4% or less CD all too easily, as opposed to reinvesting a portion to offset inflation. Is it true to say CD's normally do not compound interest? And are the interest payments normally added to the original amount or paid out to say a MM account?
For instance, what SWR approaches are used to counter inflation?
I ask as much as a question of discipline, I'd be very tempted to spend the income from a 4% or less CD all too easily, as opposed to reinvesting a portion to offset inflation. Is it true to say CD's normally do not compound interest? And are the interest payments normally added to the original amount or paid out to say a MM account?