The Buckets of Money Retirement Solution

In an intriguing, new retirement resource, The Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life (Wiley, August 2010, 978-0470-58157-5, $24.95), author Raymond Lucia outlines his effortless, time tested method that will liberate and protect your retirement plan with strategies on adjusting to the shifting economic landscape.  In a self-explanatory and accessible style, Lucia outlines his proven “Buckets of Money” method.  The Buckets of Money® technique is remarkably simple.  You match your assets to your liabilities.

It’s time to change your investment strategy, but many ask the question, change it to what?  Based on the science of money rather than the art of speculation, The Buckets of Money® Retirement Solution provides you with the answers. After the recent economic meltdown, many workers, especially those nearing retirement, have lost confidence in their capability to support a financially secure retirement.  It is common for those approaching retirement to assume they will have enough money to live on for the rest of their lives, but when issues such as economic catastrophes soak up one’s money supply, many have to cut back significantly on their standard of living or return to the workforce just to survive. But this doesn’t have to happen to you!

If you need income today, that’s a short-term liability that requires short-term assets, such as CDs and Treasury Bills, in Bucket No.1.  If you want inflation-indexed income tomorrow, that’s a mid-term liability requiring a match of mid-term assets, such as bonds and types of annuities, in Bucket No.2.  If you want your money to grow over the long run, that’s a long-term liability to be funded with long-term assets, such as stocks and real estate, in Bucket No.3. 

Filled with real life examples and a self assessment that helps readers evaluate their investing style to create the right buckets for them, The Buckets of Money Retirement Solutions demonstrates how to:

• Regain your balance in this ever-changing financial landscape, as well as how to prepare for whatever the economic future holds
• Choose the proper investments and execute The Buckets of Money® plan for income, safety, and growth
• Create a workable withdrawal strategy once your plan is in place and working
• And more!

To win at the retirement game, you need to know your financial goals, divvy up your money accordingly, and then invest wisely.  With this book as your guide, you’ll learn how to attain both income and growth, while reducing risk!