No. of Recommendations: 1
Re: the bucket strategy...
Current financial adviser conventional/standard wisdom outlines the following:
1: 1/3 cash/cash equivalents,TIPS ladders, short term treasuries. or at least enough to cover 3 years of (net) living expenses without withdrawing from growth Bucket. (net) living expenses are mandatory ones, not discretionary, net of "guaranteed" fixed income - SS, pensions, etc.
2: 1/3 intermediate term bonds/fixed income funds with moderate yields. 5-10y duration govt and corporate debt stuff.
3: 1/3 growth stock etfs/funds.
Rebalanced quarterly or 2x/year.
For this, they typically want a fee of .75% to 1.25% of AUM.
FC
