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I've already retired.
If I transferred some of my IRA money to an IRA invested totally in individual TIPS, not a TIPS bond fund, how expensive is it typically to sell TIPS to get income above the coupons?
A better method might be to ladder a large number of TIPS and have one mature each year, I could decide to reinvest or take the cash once per year. But that means a purchase each year. If I'm buying $10k tips, the expenses might become significant.
My current IRA custodian wants to apply their expense ratio to any TIPS they hold for me, I ain't gonna do that. They are doing a good job otherwise and i don't want to drop them completely. Some places like Vanguard will buy/sell/hold TIPS for a very small fee, or no fee, but i don't want to transfer a lot of other money to them.
Suggestions?
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