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Personal Finance Topics / Retirement Investing
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Author: Bluehorseshoe   😊 😞
Number: of 1171 
Subject: Re: Portfolio for a 90 year old
Date: 12/05/25 4:09 PM
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Not bad reasoning, but are they? Over 2.2%?

Maybe? I'm here to learn anyway. :)

I looked on my broker site and found 2015 and 2016 30yr issuances with yield to maturity listed around 2.47%. The actual coupon on those is only around 1% so the buyer would be waiting until maturity for the full yield.

Having thought about it more, I think using the shorter terms to ladder may make more sense in the event of an emergency. The original buyers of those 30yr bonds listed above would currently be getting virtually zero inflation protection (a greater than 25% erosion of purchasing power?) by liquidating today and their 0.75% to 1.0% coupons they received are little consolation. But rolling during covid times would have been a bit stressful. There really is no free lunch.

Jeff
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