Navigating Retirement Risks
American workers are living longer. But a long life has its risks . . . especially the risk that retirement savings won’t last. Bruce Ashton and I have written an article about the sequence-of-returns risk created by market volatility (based on a white paper that Bruce Ashton and I wrote for Milliman). The article contains graphic examples of the impact of gains and losses in the years shortly before and after retirement. You can read the article here.