236 - Retirement Income Planning with Nick Lincoln
Maven Money Personal Finance Podcast
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Understanding Sequence Risk in Retirement Planning
This chapter explores the critical concept of sequence risk and its impact on retirement income stability, particularly through early market downturns. It provides strategies for mitigating risks, such as maintaining a diversified portfolio and adjusting withdrawal rates to protect against potential depletion of funds. Moreover, the chapter addresses the psychological aspects of financial management in retirement and the importance of rethinking risk perception in investment strategies.
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