You just retired (or are about to). Now what? – ABC News
RetirementFWIW, This is EXACTLY what we do on a monthly basis with our retirement income plans… check spending against account values and adjust if necessary. ~jrs
If there’s a single group of people who are likely to be experiencing the most consternation over recent market events, it’s those who have just retired or who are on the cusp of hanging it up.
But as with most things in life, the key for new- and near-retirees making it through this period with their sanity intact is to focus on what they can control.
People who have just retired or are about to do so are vulnerable to sequence-of-returns risk, which means that a bad market shows up early in retirement. And this imperils your portfolio’s ability to last throughout your retirement years.
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