Investing Specialists

How to Customize the Bucket Portfolios

Christine Benz

To date, I've created 15 bucket portfolios--moderate, aggressive and conservative; tax-efficient and tax-deferred; fund-family specific and free-range. Surely there is a bucket portfolio there for every size and shape of retiree, right?

Well, maybe not. As much as I've tried to create portfolios to suit investors in a range of situations, people approach retirement with vastly different financial circumstances and portfolios. The asset allocation and portfolio for a 65-year-old with a full pension should look quite different from the portfolio of someone that age who's actively withdrawing living expenses from his portfolio.

Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.