{"product_id":"the-buckets-of-money-retirement-solution-isbn-9780470581575","title":"The Buckets of Money Retirement Solution","description":"Investors, shell-shocked by the \"Great Recession\" of 2008-2009, are looking for answers, for something fresher than the old 'buy-and-hold' mantra. They hunger for stability, yet yearn for growth to rejuvenate their battered portfolios.  \u003cp\u003eRay Lucia's \u003ci\u003eThe Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life\u003c\/i\u003e provides just that—a reassuring and scientifically proven strategy that gives investors both growth and income.\u003c\/p\u003e \u003cp\u003eLucia, a Certified Financial Planner who's helped thousands of people invest more than $2 billion, explains how to spend down 'safe' buckets (containing, for example, Treasuries, CDs, bonds), while leaving a riskier bucket (real estate, stocks and alternative investments) to grow long-term. This strategy shields investors from the short-term ups and downs of the market. And it gives them the courage and discipline to stay invested no matter what the future holds.\u003c\/p\u003e \u003cp\u003eWritten in a breezy, accessible style and loaded with tons of examples and clear, specific calculations, the book explains how to set your financial goals, divvy up your money accordingly, and then invest intelligently. With this book as your guide, readers will learn how to achieve both income and growth while at the same time reducing risk. \"All in all,\" Lucia writes, \"this plan is akin to a sports car that seats six, approximating the best of both worlds. In this case by being a conservative strategy that’s also growth-oriented.\"\u003c\/p\u003e \u003cp\u003eAlmost every kind of investment—stocks, bonds, commodities, real estate—plunged in the past year or two, turning off millions of investors who'd been planning for and counting on a reasonably comfortable retirement. These retirees or near-retirees need solutions ... something fresher than the old 'buy-and-hold' mantra. Yet here's what they hear from the financial-services industry: Set up an asset-allocation model, then take a systematic withdrawal to support your retirement ... remembering, of course, to rebalance the accounts to remain in sync with the model. Wrong! That maximizes the advisors' fees but doesn't protect the investors' assets during the tough times.\u003c\/p\u003e \u003cp\u003eForeword by \u003ci\u003eBen Stein\u003c\/i\u003e xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Regain Your Balance\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 \u003c\/b\u003e\u003cb\u003eAdapt to the Changing Landscape 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe End of Easy 3\u003c\/p\u003e \u003cp\u003eThe Lessons 9\u003c\/p\u003e \u003cp\u003eA Final Word 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 \u003c\/b\u003e\u003cb\u003ePrepare for Whatever the Future Holds 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRebuild Your Savings 12\u003c\/p\u003e \u003cp\u003eRethink Your Retirement Years 17\u003c\/p\u003e \u003cp\u003eRetool Your Retirement Savings Plans 23\u003c\/p\u003e \u003cp\u003eReinvent Your Strategy 26\u003c\/p\u003e \u003cp\u003eA Final Word 28\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Forge a New Plan\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 \u003c\/b\u003e\u003cb\u003eGrasp the Buckets of Money Concept 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePut Time on Your Side 34\u003c\/p\u003e \u003cp\u003eOther Risks 35\u003c\/p\u003e \u003cp\u003eWall Street’s Answer 38\u003c\/p\u003e \u003cp\u003eFlawed Analyses 40\u003c\/p\u003e \u003cp\u003eMain Street’s Myopia 41\u003c\/p\u003e \u003cp\u003e“Reverse Dollar-Cost Averaging” 42\u003c\/p\u003e \u003cp\u003eProper Allocation 44\u003c\/p\u003e \u003cp\u003eProper Location 45\u003c\/p\u003e \u003cp\u003eA Final Word 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 \u003c\/b\u003e\u003cb\u003eChoose the Proper Investments 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBucket 1: The Income Bucket 49\u003c\/p\u003e \u003cp\u003eBucket 2: The Relative Safety Bucket, Mid-term Investments 58\u003c\/p\u003e \u003cp\u003eBucket 3: The Growth Bucket, Long-Term Investments 68\u003c\/p\u003e \u003cp\u003eA Final Word 76\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 \u003c\/b\u003e\u003cb\u003eExecute the Buckets of Money Strategy 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFirst, Check Goals 77\u003c\/p\u003e \u003cp\u003eArt and Science 78\u003c\/p\u003e \u003cp\u003eFilling the Buckets 79\u003c\/p\u003e \u003cp\u003eBucket 1 80\u003c\/p\u003e \u003cp\u003eBucket 3A 81\u003c\/p\u003e \u003cp\u003ePlanning for Inflation 82\u003c\/p\u003e \u003cp\u003eBucket 3B 83\u003c\/p\u003e \u003cp\u003eThe Bottom Line 85\u003c\/p\u003e \u003cp\u003eThe Fate of the Heirs 85\u003c\/p\u003e \u003cp\u003eAnother Scenario 86\u003c\/p\u003e \u003cp\u003eHow Much Risk? 87\u003c\/p\u003e \u003cp\u003eHow to Allocate 88\u003c\/p\u003e \u003cp\u003eThe Importance of Bucketizing Now 89\u003c\/p\u003e \u003cp\u003eA Final Word 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Refine the Plan\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 \u003c\/b\u003e\u003cb\u003eTake Another Look at Annuities 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s an Annuity? 93\u003c\/p\u003e \u003cp\u003ePredicting the Future 102\u003c\/p\u003e \u003cp\u003eGood Evidence 102\u003c\/p\u003e \u003cp\u003eWhat Academia Says 103\u003c\/p\u003e \u003cp\u003eRecovery Strategy 104\u003c\/p\u003e \u003cp\u003eRisks and Opportunities 105\u003c\/p\u003e \u003cp\u003eA Final Word 106\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 \u003c\/b\u003e\u003cb\u003eSee What REITs Can Do for You 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Exactly Is a REIT? 110\u003c\/p\u003e \u003cp\u003eCombining the Best Features 110\u003c\/p\u003e \u003cp\u003ePublic versus Nontraded REITs 113\u003c\/p\u003e \u003cp\u003eAnother Advantage 114\u003c\/p\u003e \u003cp\u003eThe Lowdown on Loads 116\u003c\/p\u003e \u003cp\u003eAre All REITs Low-Leveraged? 118\u003c\/p\u003e \u003cp\u003eWhat Kinds of Properties Are Best? 120\u003c\/p\u003e \u003cp\u003eDiffers from Homes 124\u003c\/p\u003e \u003cp\u003eThe Role of REITs in a Portfolio 124\u003c\/p\u003e \u003cp\u003eWhat Should You Look For? 125\u003c\/p\u003e \u003cp\u003eGetting Help 128\u003c\/p\u003e \u003cp\u003eMy Personal Bias 129\u003c\/p\u003e \u003cp\u003eA Final Word 131\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 \u003c\/b\u003e\u003cb\u003ePlay It Smart When It Comes to Personally Owned Real Estate 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYour Home and Your Future 133\u003c\/p\u003e \u003cp\u003eBuying Other Real Estate 147\u003c\/p\u003e \u003cp\u003eA Final Word 153\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 \u003c\/b\u003e\u003cb\u003eGive Uncle Sam His Fair Share—But No More 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTax-Free Municipal Bonds 156\u003c\/p\u003e \u003cp\u003eTax Management of Stock Portfolios 157\u003c\/p\u003e \u003cp\u003eReal Estate 157\u003c\/p\u003e \u003cp\u003eRoth Conversion 159\u003c\/p\u003e \u003cp\u003eIncorporating Your Business 162\u003c\/p\u003e \u003cp\u003eTax-Credit Investing 164\u003c\/p\u003e \u003cp\u003eChoosing Smart Location of Assets 166\u003c\/p\u003e \u003cp\u003eA Final Word 168\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Live Happily Ever After\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 \u003c\/b\u003e\u003cb\u003eCraft a Workable Withdrawal Strategy 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBeware of Averages 174\u003c\/p\u003e \u003cp\u003ePitfalls Abound 176\u003c\/p\u003e \u003cp\u003eGetting Set Up 177\u003c\/p\u003e \u003cp\u003eDrawing Down Your Total Retirement Resources 179\u003c\/p\u003e \u003cp\u003eKeeping Taxes Low 183\u003c\/p\u003e \u003cp\u003eA Few More Thoughts about Stocks 187\u003c\/p\u003e \u003cp\u003eA Final Word 191\u003c\/p\u003e \u003cp\u003eEpilogue Keep Your Eye on Enjoyment 193\u003c\/p\u003e \u003cp\u003eAbout the Authors 197\u003c\/p\u003e \u003cp\u003eRecommended Resources 199\u003c\/p\u003e \u003cp\u003eIndex 203\u003c\/p\u003e \t \u003cp\u003e\u003cb\u003eRAYMOND J. LUCIA\u003c\/b\u003e is one of the nation's leading authorities on financial, tax, and retirement planning. Over the course of his 36-year career in the financial services industry, Lucia, a Certified Financial Planner\u003csup\u003e®\u003c\/sup\u003e, has helped thousands of people invest more than $2 billion using his renowned Buckets of Money\u003csup\u003e®\u003c\/sup\u003e retirement strategy. Registered Rep. magazine named Lucia one of the \"10 Best Brokers in America.\" Lucia is the host of the nationally syndicated Ray Lucia Show on Business TalkRadio Network, and is a frequent guest on Fox News, Fox Business, CNBC, and the Today show. He is also a local business editor on TV stations in his hometown of San Diego. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDALE FETHERLING\u003c\/b\u003e has written or coauthored more than fifteen nonfiction books, and has also taught writing and editing at five colleges and universities.   After the financial meltdown hit the markets in 2007 and 2008, almost no investment—stocks, bonds, commodities, or real estate—was left unscathed. Today, in the wake of the crisis, many workers, especially those nearing retirement, have lost confidence in their ability to fund a financially secure retirement.  \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Buckets of Money® Retirement Solution: The Ultimate Guide to Income for Life,\u003c\/i\u003e nationally renowned Certified Financial Planner® Ray Lucia outlines his simple, time-tested system for achieving long-term financial stability regardless of market conditions.\u003c\/p\u003e \u003cp\u003eFilled with real-life examples that help you evaluate your investing style and determine your time horizon, \u003ci\u003eThe Buckets of Money® Retirement Solution\u003c\/i\u003e details how to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eRegain your balance in this ever-changing financial landscape, as well as how to prepare for whatever the economic future holds\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eChoose the proper investments and execute The Buckets of Money® plan for income, safety, and growth\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCreate a workable withdrawal strategy once your plan is in place and working\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe average retirement account lost a third of its value in 2008. Many people saw the value of their retirement assets fall, even as their debt rose. So it's not surprising that a survey by Bank of America found that more than half of its respondents planned to change their investment strategy. Change is good. But it begs the question: Change it to what? Based on the science of money, rather than the art of speculation, \u003ci\u003eThe Buckets of Money® Retirement Solution\u003c\/i\u003e provides you with answers in the form of battle-tested strategies that have been put to the test in more than 9,000 individual portfolios totaling more than $2 billion.\u003c\/p\u003e \u003cp\u003eTo win at the retirement game, you need to know your financial goals, divvy up your money accordingly, and then invest intelligently. With this book as your guide, you'll learn how to achieve both income and growth, while reducing risk.\u003c\/p\u003e  \u003cp\u003eAfter the financial meltdown hit the markets in 2007 and 2008, almost no investment—stocks, bonds, commodities, or real estate—was left unscathed. Today, in the wake of the crisis, many workers, especially those nearing retirement, have lost confidence in their ability to fund a financially secure retirement. \u003c\/p\u003e\u003cp\u003eIn The Buckets of Money\u003csup\u003e®\u003c\/sup\u003e Retirement Solution: The Ultimate Guide to Income for Life, nationally renowned Certified Financial Planner\u003csup\u003e®\u003c\/sup\u003e Ray Lucia outlines his simple, time-tested system for achieving long-term financial stability regardless of market conditions. \u003c\/p\u003e\u003cp\u003eFilled with real-life examples that help you evaluate your investing style and determine your time horizon, The Buckets of Money\u003csup\u003e®\u003c\/sup\u003e Retirement Solution details how to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eRegain your balance in this ever-changing financial landscape, as well as how to prepare for whatever the economic future holds\u003c\/li\u003e \u003cli\u003eChoose the proper investments and execute The Buckets of Mo\u003csup\u003en\u003c\/sup\u003eey\u003csup\u003e®\u003c\/sup\u003e plan for income, safety, and growth\u003c\/li\u003e \u003cli\u003eCreate a workable withdrawal strategy once your plan is in place and working\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe average retirement account lost a third of its value in 2008. Many people saw the value of their retirement assets fall, even as their debt rose. So it's not surprising that a survey by Bank of America found that more than half of its respondents planned to change their investment strategy. Change is good. But it begs the question: Change it to what? Based on the science of money, rather than the art of speculation, The Buckets of Money\u003csup\u003e®\u003c\/sup\u003e Retirement Solution provides you with answers in the form of battle-tested strategies that have been put to the test in more than 9,000 individual portfolios totaling more than $2 billion. \u003c\/p\u003e\u003cp\u003eTo win at the retirement game, you need to know your financial goals, divvy up your money accordingly, and then invest intelligently. With this book as your guide, you'll learn how to achieve both income and growth, while reducing risk.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990178676965,"sku":"NP9780470581575","price":24.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470581575.jpg?v=1761786805","url":"https:\/\/k12savings.com\/products\/the-buckets-of-money-retirement-solution-isbn-9780470581575","provider":"K12savings","version":"1.0","type":"link"}