Carpediem
Full time employment: Posting here.
- Joined
- Aug 26, 2016
- Messages
- 770
I'm in the process of getting things lined up for possibly hanging it up in June 2019. My plan is to carve out some of our tIRA to get us to FRA (66 and 8 mos), which would basically be a 6 year time period from today. 90% of our retirement savings is in a couple of VG 65/35 tIRAs with the remainder in Roth IRA and cash. There isn't enough in the Roth or cash to fund the gap.
In your opinion, what would be the best approach from an investment 'category' perspective of setting this up? Would it be best to keep it simple and put it all in VG MM (~2.4%) for the safety/stability? Or should I consider a CD ladder? Or something else? Given the low interest rates on CDs right now, I'm not sure if it's worth the time to do a ladder.
I know I haven't given much financial background info. I'm just looking for some feedback on the best way to invest this money to bridge the gap. What would you do?
In your opinion, what would be the best approach from an investment 'category' perspective of setting this up? Would it be best to keep it simple and put it all in VG MM (~2.4%) for the safety/stability? Or should I consider a CD ladder? Or something else? Given the low interest rates on CDs right now, I'm not sure if it's worth the time to do a ladder.
I know I haven't given much financial background info. I'm just looking for some feedback on the best way to invest this money to bridge the gap. What would you do?