Retired And Free

Ep 002 - Do You Have Holes in Your Buckets? • In this episode, Pedro aims to help simplify complex financial questions and educate you as a consumer • The bucket analogy: • Most people have been saving money in retirement accounts or buckets • Most don’t realize that their buckets often have holes in the bottom • Pedro explains there are three major holes he has come across in his experience working with clients: risk, fees and taxes • Risk: the stock market is at an all-time high • Crucial to assess how much risk is present in your bucket • Fees: most people do not know how much they are paying in fees • Understanding how much fees you are actually paying is critically important to knowing how much money is going in and out of your retirement bucket • Taxes: when it is time to pull money out, Uncle Same will be there waiting • Pedro’s goal is to help reduce, eliminate or mitigate those holes in the retirement bucket to save your money. • Homework: “to what extent do you think you are exposed to the thr