Why Other Advisors Now Advocate Buckets- Episode 111
We’ve been strong advocates of the Bucket Strategy since the 1990s, and came to the conclusion long ago that no one should have to depend on stock market gains to fund their current living expenses. Buckets was designed to address that issue. With the stock market going through yet another down cycle in 2022, the issue of maintaining a guaranteed cash flow in retirement is once again at the top of many retirees’ concerns. And with that, we’ve found that other advisors around the country have also determined that a Bucket strategy may be the best way to help address those concerns. This week, podcast host Johnny Dean and Rick “The Professor” Plum, CFP speak with Joe Accardi, founder and chairman of the Accardi Financial Group in Boston, MA. Mr. Accardi speaks about how his experiences many years ago led him to the Bucket Strategy, and why his firm uses it to provide income to their clients.