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Just a quick question here - any suggestions on how to go about laddering money to cd's from annuity/ When my vaiable annuity allows me to withdraw monies I want to leave this type of investment totally -
I have thought that a good strategy might be to take the sum and divide it by monthly divisions which would be to divide by 12 and then I thought perhaps bimonthly -
Also to diversify among several banks
Also to spread out the maturity dates not longer than 4 years

any thoughts - thanks in advance - imighthave missed some other considerations in thinking this out

thoughts ..

most brokers will let you buy CDs ..and give you options, so you can diversify among banks (good idea ,imo) and sometimes get better rates

you can also often get better rates with larger amounts ..SO you want to divide by as small a number as possible .. i think most people suggest a year (or more?) and go out further than 5 yrs (better rates at longer maturities)

the details can depend on what you're trying to do..

when i did it, MY idea was to have some fixed-income allocation, the interest would be 'extra' income, the CD maturing would be a semi-liquid E-fund.. so i had six in the ladder ,every 6 months, out to three years.
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