Investor's Wiki

Producing Income


One Investment Portfolio, Multiple Different Time Frames

If you have a RRIF account that you need to begin withdrawing from at the minimum amount of 5.4% (at age 72), what is your time horizon for that account?

It’s pretty immediate, isn’t it?

But do you need to access the whole portfolio immediately? No, only the 5.4%. This is where the Bucket Strategy comes into play.