Life After AT&T: Surviving a Bear Market in Retirement

At the moment, recent retirees have the unfortunate luck of finding themselves caught in a bear market. A number of my AT&T clients have reached out to me, as they’re concerned about losing their nest egg if the market doesn’t turn around soon. It can be difficult for a retiree to make their assets last as long as they need, especially if the market downturn comes during the early years of their retirement.

Working hard and saving is only half the battle when it comes to making sure you’re taken care of in retirement. Much of it comes down to having a sound investment strategy and being able to adjust that strategy based on the market.

The key for survival for retirement assets will always be preparing for the worst case scenario. Cash flow projections and a proper asset allocation will help prepare retirees so their assets and their income streams can survive through a bear market and continue to provide needed income all the way through their 30+ year retirement. Read more here...

Sources:

• The Retirement Group or www.theretirementgroup.com
• https://www.whatsnext.com/content/how-deal-bear-market-near-retirement-age
• https://individual.troweprice.com/staticFiles/Retail/Shared/PDFs/retPlanGuide.pdf
• https://www.kitces.com/blog/understanding-sequence-of-return-risk-safe-withdrawal-rates-bear-market-crashes-and-bad-decades/.
• https://money.usnews.com/money/blogs/planning-to-retire/2008/07/18/coping-strategies-when-retiring-into-a-bear-market
• https://www.investopedia.com/terms/s/sequence-risk.asp
• https://www.invesco.com/static/us/investors/contentdetail?contentId=c61607c6494004 
• https://www.marketwatch.com/story/how-to-avoid-sequence-of-return-risk-2013-09-28