Saw this article. interesting. But...I thought there was a limit to how many TIPS can be purchased by anyone in a calendar year...
Three Ways to Get a Steady Paycheck Long After You've Retired - Bloomberg
The lowest-risk way
retirees can create lifetime income is to put around 85 percent of their savings in TIPS, says Stephen Sexauer, chief investment officer of U.S. multi-asset management at Allianz Global Investors.
To show how much money you'd need to invest in order to get the income you want from TIPS, Sexauer and Siegel created a website, DCDBBenchmark.com
. It provides a table of current payouts for $100,000 invested in the 85 percent TIPS/15 percent deferred annuity strategy.