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Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76406  
Subject: Re: Investing $ needed over the next 10 years Date: 1/9/2013 1:30 PM
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You might look into a CD ladder. Keep $20k out for the current year spending, then divide the rest equally between CDs for 1, 2, 3, 4, and 5 years.

In a year when the 1st CD matures, take out the $20k for that year's spending and roll the balance into a 5 year CD. Repeat each year as a CD matures.

You probably won't get 2% today. The best 5 year CD rate I saw in a very quick search was about 1.8%. And the shorter term CDs will have lower rates. But if rates kick up over the next 10 years, you might get close to an average of 2%.

--Peter
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