"I'm trying to map my own plan out selfishly, but also prepare other people for, hey, let's set this up right. What did you correct?" he says. "The stock market was out of tear," so bucket three got bigger because stocks were doing so well. His 401k has these guaranteed investment contracts that are typically called stable value funds and they pay.
Do you worry about running out of money in retirement? How do you draw down your assets without tanking your portfolio? Eric + Jason talk with FIRE bloggers Karsten Jeske and Fritz Gilbert about the bucket strategy. Is it a reasonable withdrawal plan or nothing more than a gimmick? They discuss alternative approaches, how to generate a retirement paycheck, and the role of cash. Whether you're interested in FIRE or on a traditional retirement path, you can't afford to miss this episode!
Show notes: https://twosidesoffi.com/bucketstrategy