Why “Blending” Your Buckets May Produce Better Results
Manage episode 414017175 series 3428540
You may have heard that a basic Bucket Strategy® consists of a 3-, 4- or 5-Bucket plan, with each bucket separated into groups of short-term, mid-term, and long-term assets. What you may not have heard is that a good Bucket Strategy will often “blend” buckets to potentially give a retiree a much better overall outcome.
What do we mean by “blending” the buckets? In essence, it means to blend the income stream to try to get a desired outcome. Where do you take your income stream from? Your IRA? Your 401k? Your personal money? Roths? This is where blending buckets can potentially be very helpful.
Learn more about why this strategy may be right for you as podcast host Johnny Dean and Rick “The Professor” Plum, CFP® give you the inside scoop on today’s episode of Managing Your Financial Future!
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