A 59-year-old retiree who was featured on the blog ESI Money said he and his wife left the working world two years ago with more than $1.5 million saved and invested.
The retiree said they decided to separate their money into three proverbial "buckets" to make sure they don't outlive their savings.
The first bucket is cash to tide them over until they begin claiming Social Security; the second bucket is their after-tax investments; the third bucket holds long-term growth IRAs.
They have planned...
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