|Customize your ladder
Have Fidelity suggest a bond for each rung, or use a self-directed approach.
Intuitive design allows you to build your ladder on one page that includes educational content to make it easier to understand your options.
View estimated income and principal in chart format for your ladder before you purchase it.
|Generate dependable income1
Depending on the bonds in your ladder, income payments can be scheduled monthly, quarterly, or semiannually.
|Provide ongoing liquidity
If you structure your ladder to have bonds expire at regular intervals, cash can be available on a consistent, scheduled basis (assuming no default by the issuer of the bond).
|Reduce reinvestment risk
If interest rates rise, you may benefit from purchasing higher-yield bonds with the income from the bonds already in your ladder. If rates fall, bonds with future maturity dates would continue to be locked into the initial higher yields (assuming they are not callable).2