What a 30% Crash Does to Your First Year of Retirement

A crash in your first year of retirement costs more than the drop itself, and this episode puts a number on it. Dan walks through what a 30% year-one drop does to a $1,000,000 portfolio even after the market fully recovers, then the harder version where the recovery never arrives. The last stretch covers where your spending comes from while you wait.Why the damage from a first-year crash is easier to see in shares than in dollarsWhy the worst year to retire in American history had no crash in it at allHow much cash to hold against a $40,000 withdrawal, and what a temporary 10% spending cut buys youTake the free Retirement Income Roadmap (7 questions, about 30 seconds): incomeoverwealth.com/mapWatch this episode on YouTube: https://www.youtube.com/watch?v=ygZafRwzaZUThis episode is educational and focused on strategy and math. Always consult a qualified tax or financial professional before making personal financial decisions.