Economics Matters with Laurence Kotlikoff cover image

Wade Pfau - A Financially Successful Retirement Is Possible

Economics Matters with Laurence Kotlikoff

CHAPTER

Navigating Sequence of Return Risk in Retirement Planning

This chapter explores the concept of sequence of return risk in retirement planning, discussing the impact of market fluctuations on a retiree's portfolio and the importance of variable spending to mitigate risk. It delves into historical data, Monte Carlo simulation techniques, and different investing styles to manage sequence of return risk effectively, emphasizing the balance between risk and market gains for a comfortable retirement.

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