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Using buckets in retirement can kind of calm your nerves with risks and days like today. Obviously all of the money is really 1 big bucket but having money dedicated and invested differently based on when/why you need the money can help.

Essentially I have 3 buckets. My Fidelity account to hold us over until 70ish. Then my Schwab account to provide 2-4% withdrawals after that. And money left in a TSP account that I'm hoping we don't need and ideally would be only used in the event of medical issues/LTC.

The Fidelity account is invested heavily in treasuries and only about 30% or so in stocks/ETFS. I did look at that account today and was relieved to see it down less than 1%. I'll save looking at my Schwab account for another day although I do use a checking account with Schwab so I will have to look at it soon.

Hopefully days like this will be rare.

Rich

I’m an oddball as I am nearly 70 & still 93% equities and 7% MM, but it has worked out over the years. I think we have the temperament to ride out another bear or two. Fasten our seatbelts!

Over 2/3 of our equities are in Berkshire so that provides a lot of peace of mind, no matter what the market conditions. Warren is looking pretty smart and conservative right now with $325B in cash equivalents now, so he has lowered risk already for BRK owners with the sizable AAPL and BAC selling amongst others. He may be early, but he’s usually correct!

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Retirement Investing FAQ

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