4.6 • 2.8K Ratings
🗓️ 1 March 2024
⏱️ 49 minutes
🧾️ Download transcript
We believe there are three distinct taxable buckets you have the option of investing in for retirement. We’ll talk about how to balance those buckets by age and show a case study by age that shows what your buckets may look like!
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Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
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0:00.0 | Buckle in we got a big one three bucket strategy by age |
0:07.0 | run I am so excited about this because we get questions all the time. |
0:15.0 | You know, we love talking about the three buckets, but you guys have told us, |
0:19.0 | I want to know more. Tell me more about how I should think about them and does it change? |
0:23.5 | Like I know what the end is supposed to be, like I know that at the end of my journey I should have |
0:27.7 | there's three buckets, but what do I do when I'm on the journey? |
0:30.3 | How do I think about these buckets as I'm building towards |
0:32.7 | financial independence? Yeah well things change. I mean when we talk about the |
0:36.3 | three buckets of course we're talking about your tax-free buckets we're talking |
0:40.3 | about your Roth accounts tax-deferred that's your Roth accounts, tax-deferred, that's your retirement accounts, and then |
0:45.1 | we've got your after-tax or your taxable brokerage accounts. |
0:48.5 | All these things serve important parts of your financial life. |
0:52.8 | We want to help you maximize it |
0:54.2 | and then think about it each decade of your life. |
0:56.2 | And we think that it's so important. |
0:57.7 | We actually put this front and center |
0:59.2 | on the dashboard of our net worth tool. |
1:00.8 | If you're not at a chance to check it out go to learn. |
1:03.3 | Money Guy.com and you can get your own version of our net worth tool but right |
1:07.1 | there on the dashboard every year as you're tracking your net worth we're |
1:12.4 | going to show you what's happening in each of your |
1:14.0 | bucket. So you can say, oh man, I don't have enough in this bucket. I don't have enough in |
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