Investing Why Jane shouldn’t cash out on stock crash fears Escape volatility with a laddered GIC for cash

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I like to learn the topic called "Escape volatility with a laddered GIC for cash".

Once you’re relying on your portfolio for cash flow, a portion of it should be in safe, stable investments so you don’t have to be concerned about every dip in the stock market. Here’s a simplified example to illustrate.

Whether you sell stocks or bonds to do this depends on how the markets behaved over the previous year: if equities went up, you’d trim your holdings back to your 50% target. If they went down, you’d sell some of your bond ETF to top them up. With a few easy transactions, your portfolio will be rebalanced and you’ll be all set to enjoy another year of uninterrupted retirement income.