28 min
The Fear of Running Out of Money with John Wilson The Alt Thinking Podcast by Ninepoint Partners
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- Business News
If you’ve spoken to an investor who retired immediately before the Great Financial Crisis, the first thing they might tell you is that the retirement lifestyle they had banked on through decades of saving and investing disappeared almost overnight. Portfolio losses hurt in the accumulation phase when you are contributing funds, but they are downright deadly when you are also withdrawing funds.
If you’ve spoken to an investor who retired immediately before the Great Financial Crisis, the first thing they might tell you is that the retirement lifestyle they had banked on through decades of saving and investing disappeared almost overnight. Portfolio losses hurt in the accumulation phase when you are contributing funds, but they are downright deadly when you are also withdrawing funds.
28 min