Book 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.
Ray Lucia's The Buckets of Money Retirement Solution: The Ultimate
Guide to Income for Life provides just that-a reassuring and
scientifically proven strategy that gives investors both growth and income.
Lucia, a Certified Financial Planner who's helped thousands of people
invest more than 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.
Written 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."
Almost 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.
RAYMOND J. LUCIA 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, has helped thousands of people
invest more than billion using his renowned Buckets of Money
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.
DALE FETHERLING has written or coauthored more than fifteen
nonfiction books, and has also taught writing and editing at five
colleges and universities.
