Fritz: As long as I'm within certain bounds in my asset allocation that seem historically robust to some of the worst case scenarios, like another Great Depression or another very inflationary shock during the 1970s and 80s, if my portfolio would have survived that, then again, I can also claim I slept well during 2022. So what I do works just fine. And again, I want to focus my energy on some of the other things. For example, you mentioned that now you're following my new cape construction, right? That's where the real, this is where I really want to spend my energy into taking out something out of cash or bonds or equities.
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