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One Retires in 1982 and One Retires in 1973
A great depression like event at the start of a client's retirement is major source of concern, show clients how this might affect them.
Sequence Risk: The Timing of Withdrawals Can Affect the Likelihood of Success
Are there tactics this retiree can employ to mitigate the risk of low market returns and get improve their chances, or are they set on a path that means it is about 50/50 if they end up in poverty or not?
Retiring early is a dream for many, a soon to be reality for others; but with 8.9% of Americans 65 and older living in poverty (US Census Bureau) it could be a nightmare for the ill-prepared.
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