Jewish Money Matters
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391: Minisode — Thinking of Retirement Savings in Buckets
B”H
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Today I’m going to share an insight on the topic of retirement. I know it’s a dreaded topic and last week I shared a few insights about it. Today we’re going to get a bit more tactical and I’ll share something you may have heard me talk about before with regards to how to do your money allocations.
In other words, which bucket do I want this money to go to? Well, that will depend on the time frame in which I’m looking to have access to that money. And of course, the type of account that you would use for the money in a given bucket might be different than other money in another bucket, because of the timeframe in which you need that money and consequently, the amount of risk that you’re willing to take based on the time frame.
Well, today we’re going to introduce the idea that you can think in the same way about allocating your money during retirement. Hopefully, similar to last week’s minisode, today’s will help you gain a positive perception of retirement and calm some of the fear and overwhelm that tends to happen around this topic. Take a listen.
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