The Bucket Strategy, also know as Time Segmenting, is a simple and effective strategy to implement approaching retirement. This simple yet effective strategy allows you to assign a purpose to your various assets so you can understand how to enjoy the financial benefits they can provide.

More specifically, I discuss:

• What is the “Bucket Strategy” aka “Time Segmenting”
• What is “Sequence of Returns Risk”?
• How Can The Bucket Strategy Help Alleviate Sequence of Returns Risk?
• Developing a Bucket Plan
• How Implementing a Bucket Plan Can Potentially
• Increase The Longevity of Your Retirement Income

For more resources and information, visit the show notes at https://retiredishpodcast.com/26

 

The key moments in this episode are:

00:03:54 - Preventing Sequence of Returns Risk 

00:09:09 - The Three Buckets 

00:12:26 - Goals of the Third Bucket 

00:15:10 - Implementing the Bucket Strategy 

00:16:37 - Tax Considerations and Asset Allocation 

00:18:31 - Superiority of the Bucket Strategy 

00:19:39 - Implementation and Management