Why Not Mint Money

138: A bucket approach to retirement planning may insulate you from market falls

Episode Summary

After you retire, you can simply decide to withdraw a specific amount from your savings every year and increase the amount every year to adjust for inflation. But the bucket approach goes one level deeper. We tell you how it works.

Episode Notes

After you retire, you can simply decide to withdraw a specific amount from your savings every year and increase the amount every year to adjust for inflation. But the bucket approach goes one level deeper. We tell you how it works.