1nvest wrote:With a liability matched ladder the idea is that you have a bond that matures each year to the inflation adjusted value of your anticipated spending in that year, so there's no rebalancing
I see. BTW in an earlier post you said that someone with £500K and wanting £20K income would be OK buying a Linker. I didn't understand the rest of your post though because I couldn't see how an investment vehicle that's pinned to inflation could ever do that. Can you elaborate?