I’ll be retiring in 2026 and I am planning for the next 10 yrs before RMDs kick in. I am estimating that I may need about $60k + dividends (from stocks in brokerage account) for my annual expenses, before SS begins (2030). I have about $500K in the VMFXX currently and my plan is to set up a TIPS ladder and hold the bonds till maturity. I tried to learn about investing in TIPS (in the secondary market) but I was totally baffled by the terminology and the bond math. I’ll really appreciate if you all can help me achieve my goal. Please guide me with a simple, step by step approach as I do not want to make any stupid mistake. Thanks
I do not have an option to purchase individual TIPS bonds in my 401k, which is currently invested in a 50:50 Total Bond and Intermediate TIPS fund portfolio.
I do not have an option to purchase individual TIPS bonds in my 401k, which is currently invested in a 50:50 Total Bond and Intermediate TIPS fund portfolio.
Statistics: Posted by krisSA — Sun Aug 25, 2024 12:26 am — Replies 6 — Views 689