Conversation with the Father of the Bucket Strategy--Harold Evensky

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Today we have the pleasure of speaking with Harold Evensky, the father of the Bucket Strategy.

Here are some resources from the show:
--Mr. Evensky's newsletter: https://evensky.com/resources/
--His most recent newsletter: https://files.myprimitive.cloud/uploads/2694e2cef81ee046e63afce3f94e3e632e4db9aa.pdf
--His book (free on Kindle): https://www.amazon.com/Hello-Harold-Veteran-Financial-Investor-ebook/dp/B019G0SSJ4

And some of his published papers:
--Modern Fool’s Gold: Alpha in Recessions: http://www.empirical.net/wp-content/uploads/2014/12/Pfeieffer-Modern-Fools-Gold-Alpha-in-Recessions.pdf
--The Efficacy of Publicly Available Retirement Planning Tools: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2732927
--The Benefits of a Cash Reserve Strategy in Retirement Distribution Planning: https://cpb-us-w2.wpmucdn.com/sites.udel.edu/dist/a/855/files/2020/08/The-Benefits-of-a-Cash-Reserve-Strategy-in-Retirement-Distribution-Planning.pdf

Join the newsletter: https://robberger.com/newsletter/?utm_source=Rob+Berger&utm_medium=ATF+Link&utm_campaign=Newsletter&utm_id=YouTube

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Timestamps
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0:00 - Welcome to the Financial Freedom Show!
0:20 - A little bit about Mr. Evensky
4:02 - How much can I spend each year without going broke?
6:57 - Stocks vs Bonds
8:47 - The Bucket Strategy
13:49 - Cash bucket
14:17 - Balancing
17:13 - 3 Bucket Strategy
17:55 - Down market
19:40 - Bond ladder
23:02 - TIPS
23:43 - Equities
24:34 - Precious metals/Alternatives
25:53 - REITS
26:43 - Annuities
32:38 - Advisors
34:14 - Link below
34:24 60/40 mix
34:34 - Back to annuities
36:03 - Index funds/Actively managed funds
36:50 - Total Return vs Dividend Investing
40:51 - The firm
41:10 - Anything else?
42:24 - Thank you to Mr. Evensky
44:30 - Most efficient thing to have in a tax deferred account
46:21 - Years needs vs Arbitrary percentage
48:43 - 16 years old with a Roth IRA
49:53 - Paperless tablet
51:52 - Last comment
52:35 - Announcements
52:50 - Financial Freedom

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Investing Tools
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Personal Capital (Investment Tracking, Retirement Planning): https://robberger.com/go/personal-capital/yt-
New Retirement (Retirement Planner): https://robberger.com/go/new-retirement/yt-
Stock Rover: https://robberger.com/go/stock-rover/yt-

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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