Featured Speaker - With the Bucket Approach, the Devil Is in the Details
9:45 AM - 10:45 AM
The “bucket” approach to retirement portfolio planning is an intuitive way to organize retirement assets based on expected spending horizon, and perhaps more important, a useful way to present asset allocation advice to clients. But implementation questions abound. Should the bucket strategy be focused on generating current income or incorporate a total return approach? How large should each of the buckets be, and how often should each of the buckets be rebalanced? Morningstar's director of personal finance Christine Benz will delve into the nitty-gritty logistics of the bucket strategy. She'll also share details on her model “bucket” portfolios, discuss the results of her portfolio “stress tests” from 2000–2018, and address recent academic research that's critical of the bucket strategy.