No. of Recommendations: 0

Yes, that sounds like a reasonable plan. Generally speaking we small investors like to hold onto our debt instruments to maturity. By doing this we manage our "Market risk" exposure.

The one thing that might change this approach is if any of these maturities is carrying a rate significantly higher then is currently available. If the 15's or the 21s have nice yield to them you may be able to sell them for a better price then the 9s. What this does is lowers your personal volatility(which isn't much of an issue if holding to maturity). It also increases your exposure to "reinvestment risk" because now you have that lump sum to put back to work with no guarantee of equal return to what you just sold. This approach also assumes that you aren't planning on using those longer maturities as part of your personal income stream.

The flip side of that is to continue to own and benefit from that higher yield.

The good news is this is a tough situation to completly botch. You have to sell something which is a pain but typical within retirement account management. The question can be split two ways. What do I sell that benefits me the most or What do I sell that hurts me the least.

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