Why security in retirement is often luck of the draw
From a historical perspective, clients seeking to retire at the present time are facing a tough environment. This is a matter I've been working to quantify. We all face an intense vulnerability regarding our lifetime sequence of market returns. The specific returns we earn with our investments in the years around retirement disproportionately impact our lifetime financial outcomes.
Pfau, Wade, "Why security in retirement is often luck of the draw" (2015). Faculty Publications. 43.