In the News

Title

Bad years are bad news - accounting for sequence risk

Document Type

Article

Publication Date

10-30-2015

Abstract

An unlucky sequence of bad investment years at the wrong time can derail retirement savings and even overwhelm decades of decent average returns.

Called "sequence risk," it is the possibility that a bad break, a poor run of years or an unusually poor year can have an outsize impact on savings outcomes, even if savers are diligent and consistent.