Retirement planning- how many buckets fo you have?

[jIM_Ohio]

Chicago Tribune news: Splitting retirement funds can help diversify tax risk

Article talks about tax diversification of retirement accounts.

401k
Roth IRA
taxable accounts

I saw no mention of
annuities
dividends (directly speaking...)

[PRICEPLUS]

Roth IRA
Mutual Funds
ETFs
Bonds

No 401K

There be my buckets!

[Mixelflick]

- Co. pension of $1500/mo
- Social Security of $2400/mo
- 401k
- Roth IRA
- Taxable investments
- Cash balance plan at new ER

I'm really only banking on the Roth/401k. Everything else is in "their" hands.

[disneysteve]

We've got a pretty crowded basket.

Me: Deductible tradtional IRA
Non-deductible traditional IRA
Rollover IRA from previous job
Roth IRA
Taxable mutual funds and individual stocks (joint with wife)
Cash accounts/bonds/CDs/etc.

Wife: Deductible traditional IRA
Non-deductible traditional IRA
Rollover IRA from previous job
Roth IRA
403b (which we'll probably rollover in the IRA)

Of course, there may also be Social Security if it is still around (which I'm thinking it will be in some reduced form)

[Ima saver]

Well i have:
quite a bit of cash in bank.
paid for house, so we can trade down someday
ira's
roth ira's
certificate of deposits
mutual funds
individual stocks
social security

[Diolla]

Not so many buckets

Gov't pension
Deferred Compensation Plan
Roth IRA
Taxable Investment Acct.
Savings

[th_tan]

Roth IRA
Savings/CDS

Only a couple but its really all I need right now, maybe down the road I'll get some other buckets.

[tabbycat31]

I have a Roth and Traditional IRA (just started with this last year, 7K in a Roth, 1K traditional plus growth)

Then I have a ESOP from my old job that I should get on the phone and roll over.

I have just one....bucket....it's got a candy wrapper and a gooey quarter in it that's there if I need but I'd rather not.

[asmom]

401K
Roth IRA
Individual stock accounts
Cash savings/money markets


That's it and there's not nearly enough in any of them. And that is slowly but surely changing.

[TBH]

Me:
*Roth IRA
*Two 403b accounts from my two current employers
*old 403b account from old employer that I can't roll over
*Rollover IRA with a balance of $0 since I converted it to a Roth in 2006
*Taxable account that is really long term savings but will prolly help fund retirement too

Spouse:
*Roth IRA opened a year ago
*active 403b from current employer

[creditcardfree]

Current buckets include: TSP (husband), rollover iras (both of us) and roth iras (both of us).

If my husband stays in the Army the full 20 yrs, we should get a monthly retirement check when he completes that. Plus, social security, if any. We should have paid for house way before then.

[Staceyy]

Social Security
401K
Vegetable Garden
Home will be paid off. Can downsize or get reverse mortgage if need be.

[jmjj215]

Business
Roth 401k
Roth IRA (x2)
SEP IRA
Individual stocks (AAPL, COP, GE)

[jodi]

Roth IRAs (DH and me)
Social security - maybe???

-DH just started a career teaching, so he should have a good retirement plan through whatever school he ends up at
-Very small pension through DH's former job (was there just over 5 years)
-If I continue working for the state, I will buy into their pension plan - as it looks now, though, I (hopefully) won't be there long enough to be vested.

I wish I knew everyone's ages...feels like we are behind looking at everyone else's lists, but we are also only 29. We've got a long time...

[jIM_Ohio]

I am 34, wife is 32 (will be 33 soon).

The number of buckets is less important than the amount in the buckets. If you have 2X as much as me saved, who cares that I have more buckets?

[jodi]

Very true! Still, I would feel better if my buckets were fuller

[humandraydel]

401k
Pension
Roth
Taxable account

I agree that tax diversification is important. It's highly likely that taxes in the future will be higher than they are now.

[kv968]

Originally Posted by jodi

Very true! Still, I would feel better if my buckets were fuller

Wouldn't we all? I'm 38 and have:
401k
Roth
Pension
Taxable account

And none of them are anywhere near "full"

[meaghanchan]

I only have a Roth IRA. I will become eligible for a 401(k) at work in about 5 months. I've never had one available to me before. I started investing just over a year ago, and everything's been going towards my Roth.