One other option, if you value laziness(I mean convenience, ya that's it), is buy a target date maturity bond ETF, something like IBTG https://www.ishares.com/us/products/312 ... easury-etf
It will own US treasuries that mature no later than Dec 2026. When all the bonds mature, they will liquidate the fund and hand you a pile of cash.
Convenience has a cost, Expense Ratio: 0.07%. So for $150k, they will charge you $105/yr. The upside, you don't have to deal with Treasury Direct or the sometimes complicated hassles of buying individual treasuries @ Vanguard, Fidelity, etc.
If you want to go out another year, or out for more risk, they have a whole slew of options: https://www.ishares.com/us/strategies/b ... nd-ladders
IBIC might be a great option, it is US TIPS, so you are guaranteed real return, and the annoying hassle of the phantom income problem goes away, if you were going to try and hold TIPS yourself.
I'm not saying you should buy these, I'm just saying this is an option.
CD's, Money Market Funds,HYSA and other bonds/Fixed income are also totally valid approaches.
It will own US treasuries that mature no later than Dec 2026. When all the bonds mature, they will liquidate the fund and hand you a pile of cash.
Convenience has a cost, Expense Ratio: 0.07%. So for $150k, they will charge you $105/yr. The upside, you don't have to deal with Treasury Direct or the sometimes complicated hassles of buying individual treasuries @ Vanguard, Fidelity, etc.
If you want to go out another year, or out for more risk, they have a whole slew of options: https://www.ishares.com/us/strategies/b ... nd-ladders
IBIC might be a great option, it is US TIPS, so you are guaranteed real return, and the annoying hassle of the phantom income problem goes away, if you were going to try and hold TIPS yourself.
I'm not saying you should buy these, I'm just saying this is an option.
CD's, Money Market Funds,HYSA and other bonds/Fixed income are also totally valid approaches.
Statistics: Posted by zie — Sun Feb 25, 2024 2:14 pm — Replies 15 — Views 726