Eric Stonestreet: Having a strategy in place well before you get to the starting line, as I call it, of retirement is critical. And so let me talk about the bucket strategy. He was probably two years out from retirement. How do I transition? What do I do differently? The basic concept is three years of cash, bucket one.
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