The stock market’s stellar long-term performance might mask sequence-of-returns danger, which could be an unpleasant surprise for those who have retired or are about to.

“A retiree’s greatest risk may be a bear market that reduces the portfolio right before and just after withdrawals begin,” says Josh Mellberg, president and founder of J.D. Mellberg Financial in Tucson, Ariz.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access