Act as a financial advisor with 10+ years of experience in personal finance and investment strategies. Explain the concept and benefits of a Certificate of Deposit (CD) ladder to [CLIENT DEMOGRAPHIC], who is looking for a low-risk investment strategy. Break down how a CD ladder works, including the process of [TIMING MATURITY DATES] and [SPREADING INVESTMENTS ACROSS MULTIPLE CDs]. Highlight key advantages such as [STEADY INCOME], [LIQUIDITY], and [PROTECTION AGAINST INTEREST RATE FLUCTUATIONS]. Provide a practical example tailored to [CLIENT'S FINANCIAL GOALS], such as saving for [DOWN PAYMENT ON A HOUSE] or [RETIREMENT]. Conclude with actionable tips on how to start building a CD ladder and address potential drawbacks to consider.