GravitySucks
Thinks s/he gets paid by the post
As the equity portion of my IRA grows I have been rebalancing by buying another rung on the bond / CD ladder. Bonds are in Bullet type target date funds.
I now have 8 years of non discretionary expenses layer out the first being accessible in a year and a bit, so 9 years out.
I'm starting to think this is about as far out as I want to go at current rates as even mild inflation erodes purchasing power that far out.
So how do you deal with your bond ladder and time frames?
I now have 8 years of non discretionary expenses layer out the first being accessible in a year and a bit, so 9 years out.
I'm starting to think this is about as far out as I want to go at current rates as even mild inflation erodes purchasing power that far out.
So how do you deal with your bond ladder and time frames?