How can you, as a retiree get comfortable with the ups, and inevitable downs, of the markets and those effects on your retirement portfolio?
My article below explains how drawdown research may be applied to retirement income. By pre-calculating the range of portfolio values ahead of time AND what decision to make, and when to make it.
Everyone participates in the same markets … thinking that you can escape the economy is the first impression you need to come to grips with. With all things money, there are risks. Even when you work (or where working if already retired) there are risks to you income (disability, job loss, etc). There are no guarantees.
So please read the article below to see when and how to adjust for down markets once you retire.