George Ferrin, of Armor Wealth Management, introduced the concept of building buckets to achieve long term financial success. Different buckets are recommended for reasons such as: tax savings; avoiding risks; protection; access to cash, and guaranteed returns. Life and disability insurance are 2 buckets used for protection, while retirement savings accounts and long-term care insurance are buckets used for long term protection. Once your buckets are established, they can be utilized to work together by using benefits from one to pay for benefits from another. The sooner one gets started building buckets, the better the results. Contact George or Fred Badyna for assistance in building buckets.