Retirement Stewardship
Save Diligently ~ Invest Wisely ~ Give Generously ~ Live Abundantly
As you know, I don’t “get political” on this blog. That doesn’t mean I don’t care about politics; I do. I focus on other things here, but when the political winds change as dramatically as they have, it’s important to understand (and plan for) possible changes in the tax code and other policies and laws …
Our pastors have recently been preaching expositorily through the Book of Ecclesiastes. In a message on Ecc. 5:8-20, one pastor made this statement: “Wealth is deceptive.” Notice he didn’t say wealth is good or bad; he said, “deceptive.” That suggests that wealth is morally neutral, but it may promise one thing and deliver another depending …
I think many retirees, especially those with fewer savings, should strongly consider the “cash bucket with income floor” strategy that I discussed in the last article. If you have a pension or annuity income, or cash value in a permanent life insurance product, in combination with Social Security, then you already have an “income floor.” …
This article is the second in a three-part series on the “Bucket Strategy.” The bucket strategy is a good one, but it’s not perfect. I have been using a version of the bucket strategy since I retired in 2018, structured in what I would call a “strategic growth and income” portfolio. Overall, I still think …
