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Understanding the Role of Luck on Your Retirement Standard of Living - Michael M. McDonough, Inc.
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Understanding the Role of Luck on Your Retirement Standard of Living

Understanding the Role of Luck on Your Retirement Standard of Living

Should the ‘luck of the draw’ bring poor market performance early in retirement, your assets could take a hit from which you cannot recover. The market’s recuperative abilities and upward bias “over longer periods” is of little comfort to those with unfortunate retirement timing. Mitigating this “sequence of returns risk” can be the difference between running out of money and never having to worry. https://lnkd.in/dw2W5cJ

Michael M. McDonough, RICP®, AIF®, CPA (inactive)
Michael M. McDonough, RICP®, AIF®, CPA (inactive)
michael@mmmadvisory.com