Many of us have bucket lists. Nothing wrong with that in and of itself. It’s fun to think about what we would most love to do and perhaps have a plan for “someday” when we will actually do this thing.

For retirees extracting cash flows from their portfolios, the year 2020 provided a vivid illustration of how capital appreciation often picks up where declining yields leave off. Last year, bond ...

Income is scant. Most high-quality bond funds posted small losses in 2021 owing to impending interest-rate hikes. But retirees using a Bucket system for managing their portfolios know how they’ll ...