How to Reduce the Sequence Risk

December 8, 2020 by Jeffrey Costello, CFF®, and David Buckwald, CFP®

A successful retirement plan may be no match for Lady Luck. For bad luck, that is.

To see a hypothetical example of bad luck, suppose Kate Davis had been a diligent investor throughout her working years. Investing consistently in a diversified portfolio of equities, Kate built a $1 million retirement fund by 2007, a year ahead of her planned retirement. Anticipating a $40,000 (4%) withdrawal in 2008, Kate felt very comfortable about her future finances.

Click HERE to read the full story via The Street

Originally Posted at The Street on December 7, 2020 by Jeffrey Costello, CFF®, and David Buckwald, CFP®.