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Discussions

These discussion pieces highlight some of the key pages in the Guide to Retirement and provide important talking points to client conversations around relevant retirement and investment themes.

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Managing volatility in retirement

Explore various strategies for managing volatility in retirement portfolios: diversification, alternatives, and the need to address both immediate and long-term needs.
Economic Expansions and Recessions
Withdrawing assets during volatile markets early in retirement can ravage a portfolio
 
  • Don't assume steady annual returns when planning withdrawals. A combination of market losses and fund redemptions early in retirement can deplete assets sooner than expected.
  • Retirement plans should account for "sequence of return" risk - the risk of tapping into investment early in retirement during negative markets.
  • One possible solution is to enter retirement with a broadly diversified portfolio that seeks to avoid large losses in down years.
  • Discussion Slides
    Dollar cost ravaging - timing risk of withdrawals
    Major asset classes vs. inflation
    Diversification
    Asset class returns

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