Buckets of Money: How to Retire in Comfort and Safety

Buckets of Money: How to Retire in Comfort and Safety
by Raymond J. Lucia

Buckets of Money: How to Retire in Comfort and Safety
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Book Summary Information

Author: Raymond J. Lucia
Edition: Hardcover
Audio: English (Original Language); English (Published)
Published: 2004-02-23
ISBN: 0471478660
Number of pages: 320
Publisher: Wiley
Accessories:

Book Reviews of Buckets of Money: How to Retire in Comfort and Safety

Book Review: Thanks to this book, we will still be able to retire on time (10/08)
Summary: 4 Stars

I purchased this book 2 years ago, read it and decided I'd actually DO something when we were closer to retirement. Well, now we are 3 months away from retirement, I moved our 401k's to cash this year (before the crash) and thanks to Ray Lucia's ideas, we have enough cash for 12-15 years' expenses and unlike most people in this melt-down stock market, we will not have to postpone retirement. His theory is simple: 3 buckets: a bucket of enough cash to get you thru the 1st 7 yrs of retirement; a bucket of bonds to get you thru the 2d 7 years of retirement; a bucket of growth investments that you won't need for 15 years, which will hopefully get you thru all this market volatility. He does makes specific recommendations for each bucket, but the basic idea is simple and removes the risk of retiring too early and running out of money.

My husband and I will be retiring next year, and because of the 3 Bucket book, we will not have to postpone it. I have recommended this book to all my friends who are nearing retirement. If you are within 10 years of retirement, you need to read this book and act on it!

Summary of Buckets of Money: How to Retire in Comfort and Safety

A proven way to financially prepare for retirement

Are you wondering if you can make your retirement savings last?
Concerned about inflation reducing your purchasing power?
Worried about the stock market's violent swings?

In Buckets of Money: How to Retire in Comfort and Safety, nationally recognized Certified Financial PlannerTM and radio personality Ray Lucia offers you a smart and conservative way to protect and grow your nest egg--so you can enjoy a comfortable retirement without worrying about your money running out.

Developed by Lucia over his thirty-year career as a financial planner, the "Buckets of Money" technique is a proven way to achieve both income and growth, while guarding against the ravages of inflation. Buckets of Money is filled with in-depth insights and practical advice that will help you assess your retirement situation, save the money you need to last your entire lifetime, and adjust your plan to good times and bad.

Regardless of your age, income, net worth, or investment experience, you need to have a solid plan for your retirement years. Buckets of Money provides you with such a plan, and shows you the best way to implement it.

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