Although the CD ladder would work, swanson719 is correct that you need to consider taxes. A better option might be municipal bonds. I don't know enough about them to give details, but I know that you can invest in ones that are free of taxes.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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