The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  https://boards.fool.com/thanks-for-all-input-one-thing-im-considering-is-31143572.aspx

Subject:  Re: Pension without COLA increase Date:  2/28/2014  7:47 PM
Author:  mollyd77 Number:  18978 of 23098

Thanks for all input. One thing I'm considering is laddering CDs (eg, take each months pension payment and put it in a CD and basically live without the pension for a year)

r am I thinking of that wrong? I mean, $1,000 put into a year long CD would return, say $1,050. And then I'd take the original $1,000 and reinvest the $50. If that was done every month, would that extra $600 basically equal the inflation? Or am I completely muddled in my thinking?
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us