The 3 Bucket System: The (Almost) Perfect Retirement Income Plan

The 3 Bucket System is the most ideal way to build your retirement income plan. Understanding where your income is going to come from, and investing in a well-diversified portfolio, can alleviate a lot of stress in your retirement. Important Parts: 00:00 - Intro 01:08 - Why the 3 Bucket System? 01:43 - Bucket 1 - How Much Cash Do You Need? 03:30 - Bucket 2 - Keeping Your Short-Term Income Safe 04:23 - Bucket 3 - Growing Your Assets for Long-Term Income Needs 05:56 - Why You Need to Diversify Your Investments in Buckets 2 & 3 07:08 - How Gold can Help in Bucket 3 08:20 - How Utilities can Help in Bucket 2 09:01 - "Dynamic Rebalancing" 09:28 - You NEED a Retirement Income Plan You can Understand 09:59 - Conclusion This video is meant for educational and informational purposes ONLY! All investment-related decisions should be done with a licensed financial professional. #money #finance #investing #retirement