The Lost Decade: 10 YEARS. NO GROWTH.
from Planning Made Simple Hosted by Planning Made Simple, created by Paul Durso
What happens to your retirement plan when the stock market goes nowhere for an entire decade? From 2000 through 2009, investors endured the dot-com crash, three consecutive negative years and the financial crisis. For retirees who depended on selling investments for income, this “Lost Decade” exposed a major problem: average returns don’t tell you when those returns will arrive. In this episode of Planning Made Simple, the team examines sequence-of-returns risk, the danger of selling during a downturn and how dividend income, rental income and other dependable income sources may help retirees avoid liquidating their principal at the worst possible time. The real question isn’t simply how large your nest egg is. It’s whether your retirement income can continue covering your needs when the market stops cooperating. Subscribe for straightforward conversations about retirement planning, dividend investing and building a dependable financial future. www.plannningmadesimple.com
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