perspectives
Strategies to Protect Your Assets for a Low-Stress Retirement
Are you confused about how to meet saving and spending goals at the same time? The conflict between these objectives may seem daunting as you plan for retirement. Enter the Bucket Plan. Devised by Jason Smith, a financial professional with more than 30 years of experience, the Bucket Plan splits wealth management into three buckets—Now, Soon, and Later—based on one’s time horizon, volatility tolerance, and income needs. In Episode 44 of The Informed Investor, Smith and Dimensional’s Mark Gochnour explore how investors can execute their own Bucket Plan as they pursue short- and long-term financial goals.
