In this episode of the Retirement Planning Podcast, hosts Darrin McComas and Jason Fox from Evergreen Wealth Advisors delve into strategies for managing recent market volatility using the Bucket Plan financial process. The episode includes a discussion on mitigating risks in the stock market, insights from a recent mastermind retreat and advanced training, and the importance of having a long-term view and a well-structured financial plan. They highlight the three-bucket system: the now bucket for immediate needs, the soon bucket for short-term stability, and the later bucket for long-term growth. The hosts emphasize the importance of ongoing education, staying the course during market downturns, and the benefits of consulting with a fiduciary advisor. Listeners are encouraged to contact the hosts for further consultation and receive a free copy of 'The Bucket Plan' book.

00:00 Welcome to the Retirement Planning Podcast
00:52 Introducing Today's Episode: Weathering the Storm
01:12 Exciting News and Recent Events
02:55 Market Volatility and Economic Concerns
08:33 Understanding the Bucket Plan Strategy
09:03 The Now Bucket: Ensuring Liquidity and Safety
10:20 The Soon Bucket: Managing Medium-Term Needs
12:46 The Later Bucket: Long-Term Growth and Security
21:11 Wrapping Up and Final Thoughts
22:52 Disclaimer and Important Information

Sources:
https://www.alisonwealth.com/blog/is-marke...
https://www.forbes.com/councils/forbesbusi...
https://www.ecb.europa.eu/press/projection...