To test out the impact of one
GIC laddering strategy, Birenbaum compared cash flow from age 65 to 90 under three scenarios: full annuitization at age 65, half at 65 with the other half in a five - year GIC until annuitization at age 70; and finally, all in a five - year GIC until age 70, then half annuitized at 70 and the other half annuitized at 75.
Learn about
the GIC laddering strategy.
Not exact matches
Even more astonishing, between Dec. 31, 1998, and the end of last year, a portfolio of
laddered GICs — a
strategy in which an investment is staggered over short - and long - term
GICs and then rolled over as they mature — generated an average annual return of 3.9 per cent.
The CIBC EasyBuilder
GIC takes a popular investment
strategy called «
laddering» and packages it into a one - stop
GIC solution that helps you maximize your returns over time.
A good
strategy may be to have
laddered or staggered bonds or
GICs maturing each year equal to your expected annual withdrawal.