Jay Forgione, Owner of Summit Retirement Solutions, Interviewed On The Influential Entrepreneur Podcast Discussing Retirement Planning Buckets [Video]

Jay Forgione discusses the importance retirement planning buckets

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-jay-forgione-owner-of-summit-retirement-solutions-discussing-retirement-planning-buckets/

Jay Forgione, owner of Summit Retirement Solutions. He dives into the concept of retirement planning buckets, a simplified approach designed to help clients navigate their financial futures without needing a financial background. Jay explains the three buckets—red, yellow, and green—each serving a unique purpose in retirement planning. Jay emphasizes the importance of having a clear plan for how to allocate funds for spending, investment, and safety.

The retirement planning bucket system is a structured approach to managing finances in retirement, designed to help individuals allocate their resources effectively to meet their needs and goals. This system consists of three distinct buckets: the Safety Bucket, the Income Bucket, and the Want Bucket. Each bucket serves a specific purpose and is tailored to different aspects of financial planning.

1. Safety Bucket (Red Bucket)

The Safety Bucket is primarily focused on emergencies and unexpected expenses. It provides a …