Simple, easy to understand retirement advice!

books:


	• Buckets of Money: How to Retire in Comfort and Safety Raymond J. Lucia Wiley, 2004 - 320 pages average customer review:based on 18 reviews view larger image
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highly recommended

Easy to understand

This is not really a book about how to amass your retirement savings, but rather what to do with it when you are retired. The system is simple. You have 3 buckets. In bucket number 1 you put your money for the next 5-7 years. Bucket number 2 is for the next 5-7 year period after that. And finally, bucket number 3 is for the money you will not need for 10-14 years. The book then discusses the proper investment choices for each bucket, how to rebalance them when necessary.

The plan makes sense and seems simple. The only part I was not entirely clear on is when to move items from bucket 3 to bucket 2. Maybe I missed it. In any case, the book was a good read and I plan on reading it again when I get closer to retirement.

I'm looking forward to Ray's next book (the radio show is good too).

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Really good book!

I listen to Ray's radio show all the time and now that I've read the book I can understand the whole "Buckets" retirement strategy even better. It was easy to read and enjoyable! Thanks, Ray!

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Simple, easy to understand retirement advice!

Great book! Easy read! Helped me sort through my retirement options and I actually understood what he was talking about. Good radio show too!

reviews: 1, 2, 3, page 4

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