Making Cents of Retirement

Income Bucket Planning

Episode Notes

CFG Retirement Website: https://cfgretirement.com/

CFG Retirement Phone Number: 952-657-7470

Vince Oldre email: vince@cfgretirement.com

When planning for your future, it's often helpful to think about three buckets for your money - Now, Soon, and Later.  Today, Vince and Jag break down how to delegate your assets into these various buckets to optimize your financial future and retirement.

Now Bucket:

• Emergency Fund
• Planned expenses next couple years: cars, weddings, home repairs, etc
• Retirement income (if about to retire)

Soon Bucket:

• Money you can access penalty free in next few years if you need money beyond your now bucket, also protect against inflation

Later Bucket:

• Long Term Growth and Legacy planning