How Can You Protect Your Income From Bear Markets and Corrections?
Market volatility is an inevitable part of investing, but for retirees relying on their portfolio for income, it can be particularly unsettling. Bear markets and corrections can wreak havoc on your retirement plans if you’re not prepared. Let’s explore strategies to shield your income from market downturns and keep your retirement on track. Understanding Sequence of Returns Risk One of the biggest threats to retirement income is sequence of returns risk. This refers to the potentially devastating impact of experiencing poor market returns in the early years of retirement when you’re beginning to withdraw from your portfolio. Here’s why […]