PODCAST

Ep 11: The Bucket Strategy – A Simple Approach with Powerful Results

On episode 11 of Your Financial Compass, Scott introduces us to a strategy that can help you achieve your financial goals in retirement – The Bucket Strategy. The Bucket Strategy is a simple yet powerful approach to organizing your investments and ensuring that you have a reliable stream of income in retirement. It consists of three “buckets” – Safety, Income, and Growth.

In this episode, we’ll be exploring each of these buckets in detail and discussing how they can help you achieve financial security. Scott will provide specific examples of what kinds of investments you typically see in each bucket and how risk and time horizons play an important role in utilizing the strategy.

By the end of this episode, you’ll have a clear understanding of The Bucket Strategy and how it can help you achieve financial security.

Here is some of what you will learn in this episode:

  • Scott introduces The Bucket Strategy and its components of safety, income and growth. (1:10)
  • Visualizing the three buckets involved in the strategy. (2:27)
  • The Income Bucket. If you’re retiring, what streams of income are going to provide you with ongoing dollars to fund your lifestyle? (3:26)
  • The Safety Bucket. This might be money that you don’t need right now, but might need to tap into it in a few years. (6:50)
  • The Growth Bucket. Most of the dollars in this bucket are positioned for long term growth. Scott explains why it’s ok that money in this bucket is exposed to more risk. (8:42)

If you have any questions about what we discussed or anything else in your financial plan, email us at office@bulmanwealth.com

 

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HOW TO CONNECT WITH BULMAN WEALTH GROUP

At Bulman Wealth Group, we believe everyone should live the retirement that they’ve always wanted. To do that, we feel you need to look beyond savings and investment. We believe—that’s what you’ve been taught to look after—but we think there are actually five pillars of retirement planning that need your consideration including investment, income, taxes, health care planning and legacy planning.

Use the buttons below to learn more about our services and the five pillars of retirement planning. You can also book a 30-minute discovery call with the team below, or by calling (916) 458-8199 with your questions.

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The following content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Nor is it intended to be a projection of current or future performance or an indication of future results. Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital. Opinions expressed are solely those of Bulman Wealth Group and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed accuracy and completeness, and does not purport to be a complete analysis of the materials discussed.

Any statements or opinions expressed should in no way be construed or interpreted as a solicitation to sell, or offer to sell, advisory services to any residents of any State other than the States where otherwise legally permitted. Advisory services are offered through Chris Bulman Inc. dba Bulman Wealth Group and Brookstone Wealth Advisors (BWA), Registered Investment Advisors. Insurance products and services are offered and sold through Chris Bulman Inc. dba BWG Insurance Agency.