The Investment Risk Retirees Should Pay Attention To
Writing for the Journal’s Expert Panel on Retirement, Jonathan differentiates between vertical and horizontal investment risk. The former focuses on the highs or lows of global stock markets – and the news and predictions of such always grab headlines. The latter determines how long a retiree’s portfolio can sustain ongoing distributions before stocks (and certain bond types that decline along with them in bear markets) would have to be sold, regardless of market conditions – and matters a whole lot more when sustainable income generation is paramount.
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The Investment Risk Retirees Should Pay Attention To
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