Debunking "Sequence of Returns Risk"
Unconventional Wisdom · Ed Rempel
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Show Notes
What is the actual risk of running out of money if you start retirement when the market crashes?
This is a question on the minds of many retirees.
Especially because a lot of financial advisors talk about "Sequence of Returns Risk".
But worrying about this can lead to worse results for many retirees, as well as inferior portfolios, lower returns and a less reliable retirement.
In my latest podcast episode I'm going to debunk the "Sequence of Returns Risk" and give you solutions, including a dynamic spending rule that I give my clients.
Listen to find out:
- What is "Sequence of Returns Risk"?
- What solutions are typically recommended?
- What is the actual risk of running out of money with a bad sequence of returns?
- Do the typical solutions work?
- Why don't the typical solutions work?
- How can you get the maximum reliable retirement income?
- What should you do if your risk tolerance is lower?
- What is "Your Personal Rule" for you to use instead of the "4% Rule"?
- What solution to "Sequence of Returns Risk" actually works?
- What dynamic spending rules are suggested by actuaries & advisors?
- What is Ed's dynamic spending rule?
- How is it customized for you?