Subject: Bucket Approach

Using buckets in retirement can kind of calm your nerves with risks and days like today. Obviously all of the money is really 1 big bucket but having money dedicated and invested differently based on when/why you need the money can help.

Essentially I have 3 buckets. My Fidelity account to hold us over until 70ish. Then my Schwab account to provide 2-4% withdrawals after that. And money left in a TSP account that I'm hoping we don't need and ideally would be only used in the event of medical issues/LTC.

The Fidelity account is invested heavily in treasuries and only about 30% or so in stocks/ETFS. I did look at that account today and was relieved to see it down less than 1%. I'll save looking at my Schwab account for another day although I do use a checking account with Schwab so I will have to look at it soon.

Hopefully days like this will be rare.

Rich