233. What If the Market Crashes in Your First Year of Retirement?
Imagine retiring with $750,000 and watching it drop by 30% in year one. A market drop like that can have a real impact on your retirement income.In this episode, we break down the bucket strategy, a way to divide your money into three buckets designed to help protect your income during market downturns. We also cover how to evaluate the risk you’re currently taking and how it may need to change in retirement, plus why your tax strategy and Social Security decisions play a key role in making your money last.If you're 55 or older and concerned about what a market drop could do to your…
The skinny
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