The Buckets of Money Retirement Solution

The Buckets of Money Retirement Solution

The Ultimate Guide to Income for Life

Book - 2010
Average Rating:
Rate this:
Investors, shell-shocked by the "Great Recession" of 2008-2009, are looking for answers, for something fresher than the old ′buy-and-hold′ mantra. They hunger for stability, yet yearn for growth to rejuvenate their battered portfolios.

Ray Lucia′s The Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life provides just that a reassuring and scientifically proven strategy that gives investors both growth and income.

Lucia, a Certified Financial Planner who′s helped thousands of people invest more than $2 billion, explains how to spend down ′safe′ buckets (containing, for example, Treasuries, CDs, bonds), while leaving a riskier bucket (real estate, stocks and alternative investments) to grow long-term. This strategy shields investors from the short-term ups and downs of the market. And it gives them the courage and discipline to stay invested no matter what the future holds.

Written in a breezy, accessible style and loaded with tons of examples and clear, specific calculations, the book explains how to set your financial goals, divvy up your money accordingly, and then invest intelligently. With this book as your guide, readers will learn how to achieve both income and growth while at the same time reducing risk. "All in all," Lucia writes, "this plan is akin to a sports car that seats six, approximating the best of both worlds. In this case by being a conservative strategy that s also growth-oriented."

Almost every kind of investment stocks, bonds, commodities, real estate plunged in the past year or two, turning off millions of investors who′d been planning for and counting on a reasonably comfortable retirement. These retirees or near-retirees need solutions ... something fresher than the old ′buy-and-hold′ mantra. Yet here′s what they hear from the financial-services industry: Set up an asset-allocation model, then take a systematic withdrawal to support your retirement ... remembering, of course, to rebalance the accounts to remain in sync with the model. Wrong! That maximizes the advisors′ fees but doesn′t protect the investors′ assets during the tough times.

Publisher: Hoboken, N.J. : Wiley, c2010
ISBN: 9780470581575
0470581573
Branch Call Number: 332.024014 LUC 2010 22
Characteristics: xxv, 211 p. : ill. ; 24 cm
Additional Contributors: Fetherling, Dale

Opinion

From the critics


Community Activity

Comment

Add a Comment

There are no comments for this title yet.

Age Suitability

Add Age Suitability

There are no age suitabilities for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Browse by Call Number

Recommendations

Subject Headings

  Loading...

Find it at FSPL

  Loading...
[]
[]
To Top