For more visit: A Professional’s View of Ray Lucia’s Non-Traded REITs Investor and local radio talk show host Ray “Buckets of Money” Lucia has threatened to sue me for $300,000 for defamation over a blog post I wrote last month.. Robert K. Butterfield, a San Diego attorney, is outraged that I dared to besmirch the good name of Raymond J. Lucia, who dispenses financial wisdom on a … Neither perhaps was the court that ruled against him. I have rad many investment and finance books but this is one I put up with the best. Buckets of Money is filled with in-depth insights and practical advice that will help you assess your retirement situation, save the money you need to last your entire lifetime, and adjust your plan to good times and bad. RAYMOND J. LUCIA is one of the nation's leading authorities on financial, tax, and retirement planning. Interestingly, the RJL Wealth Management website currently promotes The Bucket Strategy®, and no mention of Buckets of Money was found on the web site. Lucia, a Certified Financial Planner who's helped thousands of people invest more than $2 billion, explains how to spend down 'safe' buckets (containing, for example, Treasuries, CDs, bonds), while leaving a riskier bucket (real estate, stocks and alternative investments) to grow long-term. You're listening to a sample of the Audible audio edition. Feb. 06--Financial planning guru Ray Lucia is continuing his David vs. Goliath battle against the U.S. government -- and it is proving to be the fight of his life. Lucia for years has touted his “Buckets of Money” as a safe, high-powered retirement strategy in books and on his financial show, which is based in … Based on the science of money, rather than the art of speculation, The Buckets of Money® Retirement Solution provides you with answers in the form of battle-tested strategies that have been put to the test in more than 9,000 individual portfolios totaling more than $2 billion. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. "All in all," Lucia writes, "this plan is akin to a sports car that seats six, approximating the best of both worlds. Read more here Last September , the SEC voted to uphold a decision by an in-house judge from 2013 to punish Lucia for misleading investors. I’m a firm believer that anyone can make $1,000,000 or more. Yet here's what they hear from the financial-services industry: Set up an asset-allocation model, then take a systematic withdrawal to support your retirement ... remembering, of course, to rebalance the accounts to remain in sync with the model. Ray Lucia's The Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life provides just that—a reassuring and scientifically proven strategy that gives investors both growth and income. Rick Ferri, CFA, is an hourly-fee adviser for cost-conscious do-it-yourself investors. Today, in the wake of the crisis, many workers, especially those nearing retirement, have lost confidence in their ability to fund a financially secure retirement. Sent from and sold by Amazon. Lucia’s counsel at NCLA appealed Judge Sabraw's ruling to the 9th U.S. Heck, read my article and it’s actually pretty easy. I don’t know if the SEC will find Lucia in violation of the Investment Advisers Act of 1940, and it’s not my place to say. It wii give you the framework for a financially sound retirement. For more information on Ray Lucia and his "Buckets of Money(R)" strategy, please visit www.raylucia.com or call 1-877-PLANNER (1-877-752-6637). Backtesting itself is not a crime when the calculations are performed correctly and there is full disclosure about fees, data sources, linking various sources together, etc. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Browse our Gift Card mall to discover popular brands. Registered Rep Magazine named Lucia as one of the "Top 100 Independent Financial Advisors in America" in 2008, and he was one of ten financial advisors recognized in the magazine's 2004 "Outstanding Broker Awards." In this case by being a conservative strategy that’s also growth-oriented.". Written in a breezy, accessible style and loaded with tons of examples and clear, specific calculations, the book explains how to set your financial goals, divvy up your money accordingly, and then invest intelligently. To get the free app, enter your mobile phone number. 1-Click ordering is not available for this item. Ray Lucia thought he created an investment strategy that couldn’t fail. Opinions expressed by Forbes Contributors are their own. All Rights Reserved, This is a BETA experience. I have had many conversations with investors who are trying to compare one firm’s actual results with the 10-year backtested returns published on a new adviser’s website. Filled with real-life examples that help you evaluate your investing style and determine your time horizon, The Buckets of Money® Retirement Solution details how to: The average retirement account lost a third of its value in 2008. 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