The 3 Bucket Strategy is designed to help protect assets and retirement income by diversifying how and where funds are allocated. Understanding how to use each bucket can also help manage risks, including sequence of returns risk.
- 00:01Introduction to retirement money management concerns
- 00:19Overview of the three-bucket strategy
- 00:25Bucket 1: Now/Spending bucket for immediate needs
- 00:42Bucket 2: Soon bucket for 3-8 year needs
- 01:02Bucket 3: Later bucket for long-term growth
- 01:24Benefits of the three-bucket system
- 01:34Professional wealth management services