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.
Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy will be profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal.
Accordingly, no client or prospective client should assume that the information presented serves as the receipt of, or a substitute for, personalized advice from Lucia Capital Group or from any other investment professional.
You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.
Rick Plum and Joe Accardi are a registered representatives with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the respective names Lucia Capital Group and Accardi Financial Group which are separate entities from LPL Financial.