What is the 3 Bucket Strategy? (And How to Do It Right)
Money Guy Show
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The Bucket Strategy for Retirement Planning
This chapter focuses on the bucket strategy for retirement, outlining the significance of creating tax-deferred, tax-free, and after-tax buckets to manage tax liabilities effectively. Speakers discuss the transition from target date funds to a more diversified investment strategy, stressing the importance of foundational savings habits. Additionally, the chapter explores the concepts of financial assistance versus financial enablement, highlighting responsible parenting in fostering wise financial decisions in children.
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