Under-estimated risks in retirement planning
Retirees fear market volatility, and volatility is a risk flagged by financial planners, provided you are taking professional inputs. However, volatility risk is not as dangerous — we will discuss why. The bigger risks are (a) Sequence-of-returns risk (a potent one) (b) Longevity risk (living too long) and (c) Inflation risk (the silent destroyer). We…