Interesting article this morning on strategies and leveraging technology.
Does Your Retirement Income 'Bucketing' Strategy Have A Leak? - Seeking Alpha
Does Your Retirement Income 'Bucketing' Strategy Have A Leak? - Seeking Alpha
like everything else greed kills.
there are two ways to deal with bucket systems.
one way is to spend everything down first in buckets 1 and 2 and let stocks grow untouched with all dividends reinvested and having the the maximum amount left untouched reaping hopefully the biggest gains over longer times..
that can leave you with the most money but most risk .
the 2nd way is rebalance whenever markets are up. since your stock bucket will always be shedding money you wont get the biggest bang but you wont end up 90% equities before rebalancing.