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Author: cdq237 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: STRIPS in an IRA Date: 2/14/2006 2:05 PM
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jack,

I do need to liquidate some of them to make the annual mandatory distribution - about $1500 per year. There's no cash in in the IRA. Based on life expectancy tables, I have 30 years to distribute the entire account.

From what you said, I gather that I'm likely to do best liquidating the 2009s for the next few years, until they mature. Then I can re-invest that cash in a CD ladder that hopefully will carry me through the 2015s, when I can do the same trick again to carry me through to the 2021s.

Does this sound like a reasonable plan? Or is there some reason not to hold onto what I can until maturity?

/hb
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