Next Phase Advisors, a Huntsville-based financial planning firm, has launched its new retirement income strategy—the Safe Bucket Blueprint™. Founder and retirement income specialist Jeremiah Nolen developed this framework to help retirees and pre-retirees convert their savings into reliable income. It provides clear guidance for managing money in today’s uncertain markets.
Meeting Today’s Retirement Challenges
As traditional pensions disappear and more people worry about outliving their savings, the Safe Bucket Blueprint™ offers timely help. This approach guides clients as they move from saving to spending. It creates protected income streams that cover essential expenses. Meanwhile, other assets can continue to grow. Nolen points out that retirement planning now focuses less on how much money you save and more on how you turn that money into steady income.
A Clear and Customizable Approach
The blueprint centers on the decumulation phase—how retirees withdraw and use their savings over time. It divides assets into three parts. First, a protected income bucket covers basic living costs with guaranteed sources like annuities. Second, a flexible access bucket addresses mid-term and unexpected needs. Finally, a growth bucket supports discretionary spending and legacy planning. Because it does not depend on specific products, Nolen and his team tailor the plan to each client’s unique goals and lifestyle.
Encouraging a Pension Manager Mindset
At its core, the Safe Bucket Blueprint™ encourages retirees to think like pension managers. Instead of chasing quick market gains, they focus on reliable, long-term income. Nolen warns against trying to time the market during retirement. Instead, the blueprint ensures essential expenses are met regardless of market swings. This approach frees clients to invest the rest of their assets more confidently.
Responding to Industry Needs
Research shows the urgent need for structured income plans. For example, a 2023 Transamerica study found that 57% of pre-retirees lack a formal income plan. The Employee Benefit Research Institute reports that only one-third of retirees receive guaranteed income beyond Social Security. Additionally, Allianz Life reveals that the biggest fear among retirees is outliving their savings. These findings highlight why solutions like the Safe Bucket Blueprint™ are critical.
Who Should Consider the Blueprint
Nolen recommends this approach for people within five to ten years of retirement. It suits those moving from 401(k) or IRA savings into regular income. It also benefits individuals without pensions or guaranteed income sources. Nolen stresses that early planning gives clients more flexibility and confidence. He adds that this blueprint is not just another product but a fresh way to think about retirement income.
Sign up for the Homely Huntsville newsletter to stay up to date on Huntsville.
