Many retirees these days are spending so much while ticking off their growing “bucket list” that they need separate “buckets” of money to also keep their portfolio growing.
According to a J.P. Morgan Asset Management report, a greater number of retirees not only want to periodically withdraw money to live out their dreams, but they also want to keep a substantial balance in their retirement plans to continue building wealth. Key findings from the report covering defined contribution plans include the following...