Benz: Building Your Retirement Portfolio

Retirement Readiness Bootcamp Part 4: Christine Benz you through how to use the bucket approach to structure your retirement investments.
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[@SD-co9xe]

I'm glad the comments are allowed on this. I appreciate the great advice.

[@ericdahl2915]

Anyone who is disabling comments is not worth following

[@Lotuslaful]

Excellent So helpful and clarifying Thank you

[@vanguardvaluist2614]

Good stuff. Thank You. Always appreciate Christine's expertise and opinion.

[@paullesagrado]

Very informative, highly recommended this channel to subscribe.

[@charleshughes2487]

Wisdom ....personified ...

[@dlg5485]

Outstanding presentation, Christine.

[@scoobedoo5243]

Again, the 4% rule doesn't adequately consider your Social Security income, pensions, rent income, etc. So withdrawing 4% of your nest egg while you're also drawing your max SS might be way too much income. Taxes and RMDs will eat you alive, too, unless you've converted some of your 401s and IRAs to Roth accounts earlier than 70.5. And the research says your spending in retirement (on average) decreases with time - so you'll probably not be traveling as much when you're 85 as when you were 65 or 75.

[@1575murray]

Good point. I have income from three different pensions and I am delaying drawing SS so that I can get the maximum possible monthly payment. I am converting as much as possible of my traditional IRA to Roth by the time I start collecting SS to reduce my RMD and the resulting tax hit at age 72 (not 70.5 since the SECURE act). Fortunately I already have a Roth that has been open for five years so anything I earn from now on is free and clear from income tax.

[@liapoldd]

Great video, thank you!

[@jennifernguyen829]

Good stuff. Thank you. Please share the link to the presentation for download. Thanks.

[@johnmurphy3880]

Is there an excel or other tool to help with this approach.

[@jeffwalding1853]

What the recommendation for a retirees that don’t need the proceeds from the portfolio, just build your Bucket one ?

[@charleshughes2487]

18755

[@charleshughes2487]

RMD method for accumulation phase

[@christiaanbotha6247]

So what are you are summarizing is just invest a 100 % in the S&P hmmm.

[@dancasey9660]

Does it make any sense to change the years for each bucket? Maybe bucket 1 for an emergency fund, 3-6 months of emergency cash. Bucket 2 one to three years short term, bucket 3 four to ten years with more risk, and bucket 4 anything beyond ten years mostly stock and mostly Roth, and Roth Conversion money. Does Madeline get Social Security, or was her pension a government pension, and she get little or no Social Security?

[@jamesba-xd7xf]

now just what percentage of the population has $500,000-$1,500,000 cash to invest?? hell, if you have that much it doesnt matter what portfolio you have as its enough to live off of comfortably for 20-80 years just putting it under your mattress.

[@SRAphotog]

Some people like to live a better life and donate to charities. You really don't have to save much to get rich.

[@SRAphotog]

Also you have inflation to think about and the fact the majority of people are flat out stupid when it comes to how to control money.

[@texasowl5356]

jamesb7777a some of us have no desire to be poor

[@dancasey9660]

It's not that hard, pay yourself first, live below your means, plan for your retirement.

[@219garry]

Ya, except your 1.5M would be being devalued every year by 3% thru inflation. That's automatically losing 45K per year your first year alone.