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.
Taking
full advantage of your CD investment options — including
laddering strategies — will likely enhance your returns over time, so if you want to make your cash work harder for you, consider adding this technique to your financial playbook.