Retirement portfolio strategies come in all shapes and sizes. They can be "lumpy," have buckets or look like a paycheck. Presenting the information in a client-friendly format can be a challenge for financial advisors. Here's a look at some of the more common strategies advisors employ, and how select financial planners explain them to clients.
"Buckets." "The 'buckets' approach takes a time-line approach to investing, in concert with the normal asset-allocation/diversification process already familiar to investors," said Ellen R. Siegel, a certified financial planner and president of Ellen R. Siegel & Associates.