Adding guardrails for withdraws to mitigate sequence of…
0 reactions
Adding guardrails for withdraws to mitigate sequence of returns risk makes you a slave to the market, defeating the purpose of financial independence.
It's common advise during retirement to take more money when the market is doing well and cut back when the market is down. But the whole point of retirement is so that you are free from money worries, that strategy necessitates you to continually worry about the market.
#conversation
It's common advise during retirement to take more money when the market is doing well and cut back when the market is down. But the whole point of retirement is so that you are free from money worries, that strategy necessitates you to continually worry about the market.
#conversation
| 4,000 mlx | |
| 5 | |
| 0 |