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BML Wealth Management
Shane Brosnan is a partner at BML Wealth Management in Irvine, Calif. He has more than 20 years of experience in the financial and insurance industry. Investment Advisory Services offered through Cooper Financial Group, an SEC Registered Investment Advisory firm. BML Wealth Management & Cooper Financial Group are not affiliated. California Insurance License # 0B66858.
If you're wondering if you have enough saved to retire, you won't find the answer to that critical question on the bottom of your 401(k) statement.
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When you're working and the stock market plunges, it's a temporary problem. But if you've just retired, or are about to, then it could devastate your retirement savings. It's called "sequence of returns risk."