Originally Posted by mathjak107
i agree, rays working numbers are 4% in bucket 1 and 5% in bucket 2. with an overall % for all buckets of around 7% in my case
I like the first book, he kept it pretty simple and it includes the tables
to make calculating how much in each bucket.
Lately he has been modifying it with more buckets and more complex
strategy, including moving $ between buckets going in both directions.
Moving $ from B2 to B3 only makes sense if B2 is overfunded, which it
will be if you have moved $ from B3 to B2. Personally I think he is making
too complicated (but you got sell more books I guess).
Lately he has been pushing life annuities because some study said you
have a better chance of not outliving your investments if you have up
to 50% of your income from annuities. To me, if you use buckets, you
don't need annuities because you have a safe investment to withdrawal
while the rest of your investments recover.
The radio show is pretty good, but sometimes the size of his ego annoys
me. The whole "brain trust unmatched anywhere on this planet" <we need
a smiley face throwing up>