Pete Tychsen discusses the importance of a balanced retirement strategy
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/pete-tychsen-president-and-founder-of-preservation-financial-group-discussing-a-balanced-retirement-strategy/
Pete Tychsen, president and founder of Preservation Financial Group, discusses the importance of having a balanced retirement strategy. Pete shares his journey into the financial services industry, which began after graduating from Florida State University in 1986. With a passion for helping individuals manage their finances and prepare for retirement, Pete introduces his innovative three-bucket strategy designed to create a well-rounded retirement plan.
A balanced retirement strategy is essential for ensuring financial security during retirement. One effective method to achieve this is by dividing assets into three distinct buckets, each serving a specific purpose. This approach helps retirees manage their income needs while also allowing for growth potential. Here’s a closer look at the three buckets:
- The Blue bucket: Designed to meet immediate income requirements. This bucket typically contains low-risk, liquid investments, …