Bear Market Plus Withdrawals in Retirement Can Cause Portfolio Death Spiral

If you’re a retiree with an equity-heavy portfolio and have to make a withdrawal in a bear market during the early years of your retirement, you can dig such a hole that your savings will never recover. Consider a retired couple with a $1 million portfolio. During their first year of retirement, the market drops… Continue reading Bear Market Plus Withdrawals in Retirement Can Cause Portfolio Death Spiral