067. Two investment metrics you should understand - CAPE ratio and SORR
Inside Out Money
Being Financially Prepared for Market Changes in Retirement
Being aware of potential market fluctuations in retirement is crucial for financial security. Understanding the difference between discretionary spending and fixed costs can help adjust withdrawal rates when needed. Having flexibility to reduce expenses in case of market downturns is essential. Luck in timing the market can impact the early years of retirement, but it's important to stay informed and prepared for potential market shifts. Being financially cautious, having a plan, and considering adjustments can provide a secure financial foundation in retirement.
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