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I have a 5 year CD ladder set up for my retirement income expenses.
I will need to roll over in the next month to keep it going.

My retirement account is with Fidelity and I have no intention to move it. I have always gotten call protected CD's.

They have non call protected CD's that are 1% or more higher than the call protected ones. I wouldn't mind taking advantage of the higher rate, even if it's only for 6 months or a year, figuring I can always get a 4 year CD (or whatever it takes to put me back at the desired expiration date).

My dilemma is that these are 20 year CD's, callable every 6 months. I'd like to take advantage of 6%+ interest, but can't take a chance on them not calling it for 20 years. What do you think the chances are that a CD like this would NEVER be called for the 20 years (or actually for more than 5 years)?

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