Sobering up to the math of retirement income

Posted by Danielle Park - Juggling Dynamite

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dynamitebannerforWPthemeThe traditional meme of risk sellers financial advisers is to recommend that clients hold a higher component of their savings in stocks and stock mutual funds in order to sustain desired income withdrawals through retirement. In fact this math is not sound: in reality the price that we pay for securities purchased dictates everything about the sustainability of the capital and the long-term income it is able to yield.

The time to sober up is before more capital losses hit.

Read Danielle’s the whole comment HERE