About this episode
What happens if there's significant stock market downturn just at the beginning of your retirement? Research indicates if you're taking withdrawals from a shrinking nest egg at the beginning of your retirement, it can increase the risk of running out of money. By the time the market recovers, your portfolio may be significantly compromised. Even if stock prices rebound, you may not have enough assets left to benefit from the recovering stock prices. So, what can you do to protect yourself? Mary Beth Franklin is joined in the repair shop by Angie O’Leary of RBC Wealth Management to discuss strategies to protect retirees from nail biting stock market dips early in retirement.
About Nationwide ®
Nationwide® created the Nationwide Retirement Institute® to provide advisors with thought leadership on issues affecting retirement, including long-term care, health care and Social Security to help simplify today’s most complex retirement challenges. The Retirement Institute is a recognized resource for providing timely insights and education, client-ready tools and consultative support designed to help advisors help their clients plan for retirement. To learn more about the Nationwide Retirement Institute and Nationwide’s continued investment in helping America to prepare for and live in retirement click here.
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