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4Buckets for Advisors

4Buckets for Advisors

The Financial Advice Landscape

Financial advice is becoming ever more analytical as we seek to deliver the best possible results for our clients. Recommendations that were once dependent on our ability to process through scenarios and weigh outcomes are quickly being optimized through artificial intelligence. That means that your technical expertise, the smart things in your head about what you do, has been captured and delivered through software. Does that mean that your role as an advisor is disappearing, that you’re going to get replaced by AI? Does it mean that you should care less about actually having technical expertise and being smart in the financial planning that you’re delivering?

Are Human Advisors Going Away?

We don’t believe so, but what is becoming of utmost importance is your ability to take complex ideas and concepts and distill that down into understandable, actionable advice for your clients. Clients who take action are more satisfied. You as the advisor are more satisfied. Computers are going to continue to do the heavy lifting on the technical elements of your advice. But, if you are telling your clients to do something because your software says so, you are positioning yourself to be replaced – your value is diminishing in your client’s eyes. Your level of authority and stewardship over their wealth will quickly diminish.

The Advisor of the Future (or of the past?)

You need to become an expert educator, an advisor who has the expertise to understand what the algorithm is recommending and why, and deliver that to the client in a way that empowers them to take action. That’s why we created the 4Buckets. The 4Buckets is an education system focused on retirement income planning, to serve the greatest area of need to today’s wealthiest demographic. These are the sort of clients that you want to be working with.

Bridging the Gap

The 4Buckets is designed to be the bridge between the technical and the actionable – the smart recommendations you have and your client’s ability to understand that and take action. This is that “in-between zone” where we take big ideas, and we make them simple.

How We Help Advisors

We will teach you the visuals and the language that we use in our 4Buckets framework. We will provide materials that you can use directly with your clients. We’ll show you how to implement the strategies involved with a 4Buckets framework. And finally, we’ll help you become a better advice deliver. These are the soft skills that must be practiced and developed over and over again to enhance the human element of this entire client-advisor relationship. 4Buckets Advisors is a coaching platform for you to become a great teacher and a great counselor to your clients in a future where that will be your greatest impact.

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Copyright © 2024 Lohr & Company

Client Relationship Summary

Privacy Policy

The Financial Advisor(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Please check Broker Check for a list of current registrations.

Asset allocation programs do not assure a profit or protect against loss in declining markets. No program can guarantee that any objective or goal will be achieved.

Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security.

4 Buckets Retirement, LLC (“4Buckets℠”) is a wholly owned subsidiary of Lohr & Company. 4Buckets content and assets such as videos, educational courses and tools are provided through 4Buckets, in its separate and individual capacity and does not constitute advice. For specific advice and implementation of the 4 Buckets Retirement Income Strategy℠, we invite you to engage with Lohr & Company.

Lohr & Company offers Securities and advisory services through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Advisor. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network.

Household
Age & Retirement
Income
Assets
Step 1/4

Household

First, tell us about your household. How many people are you creating retirement income for? Just for yourself? Or you and another person, such as a spouse or partner?
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Step 2/4

Age & Retirement

What is your age? What is the age of your spouse or partner, if applicable? Are you currently retired? This will help determine when you will start taking income from Earned Income (Social Security, Pension) and your accumulated savings.
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Step 3/4

Income

What is your current monthly income from all sources, including withdrawals from savings, if that is used for your ongoing lifestyle?
How much of this monthly income comes from Earned Income, such as Social Security benefits, pension payments and other lifetime sources? If you are not collecting these, how much do you anticipate you will receive from these sources when you do? A best guess is fine.
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Step 4/4

Assets

What is the current total amount of your liquid assets? Include stocks, bonds, mutual funds, bank accounts, retirement savings accounts – all savings that can easily be converted to cash. Do not include the value of your home(s), car, etc. A best guess is fine.

The
4BucketsSM
Strategy

How it Works

The 4BucketsSM Retirement Income Strategy has a simple goal: to align your retirement assets with lifestyle income that is reliable. Each bucket serves a particular purpose for common goals in retirement: reserves for everyday use, reliable lifetime income, and growth for the future. It's a simple yet sophisticated approach to the retirement journey.

Bucket 1

Cash Reserves

Cash for those periodic needs that require quick access to capital, such as emergencies and enjoyments. We can help establish the right cash accounts to balance your overall retirement strategy.

4BucketsSM Lifestyle Income

Bucket 2

Earned Income

This is the income you earned throughout your working years, like Social Security, pensions, and other lifetime sources. We can help you confidently navigate pension and social security claiming strategies.

Bucket 3

Secure Income

This bucket is designed to enhance your retirement lifestyle by creating consistent, reliable income. We will review a range of retirement income options to find the right ones for you.

Bucket 4

Growth & Legacy

These assets are used to create growth, flexibility, and opportunity. They enable you to confidently invest for the future. We can help you select the portfolio that aligns with your true long-term investment profile.

We can develop a plan to help make your retirement income goal a reality.