Market Plunge During Early Years of Retirement Can Cause Portfolio Death Spiral

Withdrawing money from a falling portfolio can be deadly for retirees. To guard against that, you might want to consider the guaranteed payments that annuities offer.

A skydiver takes a dangerous plunge.
(Image credit: Getty Images)

If you’re a retiree with an equity-heavy portfolio and have to make a withdrawal in a bear market during the early years of your retirement, you can dig such a hole that your savings will never recover.

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Ken Nuss
CEO / Founder, AnnuityAdvantage

Retirement-income expert Ken Nuss is the founder and CEO of AnnuityAdvantage, a leading online provider of fixed-rate, fixed-indexed and immediate-income annuities. Interest rates from dozens of insurers are constantly updated on its website. He launched the AnnuityAdvantage website in 1999 to help people looking for their best options in principal-protected annuities. More information is available from the Medford, Oregon, based company at https://www.annuityadvantage.com or (800) 239-0356.