PREFACE

KCA Wealth Management roots trace back almost three
decades, founded with the mission of offering holistic financial
planning services. Today, we have helped hundreds of families
throughout Pennsylvania and beyond account for and coordinate
all-important areas of their financial lives. Holistic planning
considers investments, life and health insurance, estate
planning, tax strategies, Social Security, retirement accounts,
property, and casualty insurance, and more, and aligns strategies
to work cohesively together to create the optimal outcome.
It is a critical step as you plan for and approach retirement to
identify opportunities and gaps within your current financial
situation, work to address them, and help navigate you to a
more successful retirement.
The advisors at KCA Wealth Management have more
than 80 years of collective experience between them. We have
always offered holistic planning and implement income planning
and bucket strategies. We were recently introduced to The
Bucket Plan® as a simplified way to illustrate and coordinate
income sources for retirement. This approach to income planning
has been so successful that our team wanted to partner
with the author of The Bucket Plan book, Jason Smith, to bring
this information to you. With The Bucket Plan, our clients can
easily understand the intent of their money in the now, soon,
and later years of retirement, and have grown more confident
in their plans as a result.
The “now” bucket refers to the income you need for the first
twelve months of retirement and is typically held in a secure
and liquid account. The “soon” bucket is intended for the next
five to ten years of retirement and typically invested more conservatively
with a focus on principal preservation. The “later”
bucket is for money not needed for ten or more years into the
future, so it can be invested more confidently in equities for
growth. In early 2020, while most people were panicking over
the severe market volatility, those who had The Bucket Plan
were able to remain calm and more confident, knowing that
they had conservatively invested money in their now and soon
buckets to get them through the next phases of life, allowing
their investments in their later buckets the time to rebound.
The advisors at KCA Wealth Management are all Accredited
Investment Fiduciaries (AIF®) strictly committed to providing
our clients with advice in their best interests. We believe
The Bucket Plan approach is aligned with these principles.
With deep roots in the community, not only do we have the
desire to help each of our clients achieve their own sense of
financial peace of mind, but we are also strong supporters of
our local area and make it a priority to give back and help others
in their time of need. Whether it be providing water to residents
during an emergency or bringing groceries to the elderly
of our community, our goal is and has always been to leave
whomever we encounter in a better place. We hope this book
will do just that for you.

Sincerely,

The Wealth Planning Advisors at KCA Wealth Management
Brian Kennedy, AIF®, AEP®, ChFC®, CRPC®, CMFC®, CLTC®, LUTCF®
Vincent Catalano, AIF®, CRPC®, CLTC®
Robert Yockin, AIF®, CRPC®, CLTC®, LUTCF®