Retirement Spending Guardrails: How Firefighters Can Keep Income Steady When Markets Bounce Around
Roughly two out of three workers say they are worried about running out of money in retirement.1 That is the general population. For firefighters who often retire in their early fifties, that worry tends to hit even harder. You step out of the station, your pension kicks on, markets start doing their roller coaster routine, and […]
CDs: Building the Cash Bucket for Firefighter Retirees
Captain Joe sits in the Station 7 break room with his retirement papers spread on the table. After 28 years on the job, he’s just months away from retirement, but one question keeps nagging him: what should he do with his 457(b) money once those steady paychecks stop? He’s heard about keeping a “cash bucket,” […]