
Income Strategies
Bond Ladders Are Back: Structuring Fixed Income for Steady Withdrawals
After a decade of negligible yields, a laddered portfolio of Treasuries can once again anchor a retirement paycheck.
By David Reyes·
Section
Turning a portfolio into a paycheck: dividends, bond ladders, annuities, and withdrawal frameworks.

After a decade of negligible yields, a laddered portfolio of Treasuries can once again anchor a retirement paycheck.

Chasing the highest yield is the classic error. A more durable approach starts with the reliability of the payout.

Two portfolios can earn the same average return and end in very different places. Order matters more than most people expect.

Long dismissed as expensive and opaque, a simple income annuity has a defensible role for households that value certainty.
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