As much as we all like to see the stock market go up, periodic pullbacks and bear markets are inevitable. And while these periods don't feel great for any type of investor, they can be especially stressful if you're retired and are withdrawing from your investments to fund your lifestyle (what we call your "retirement paycheck"). With that in mind, this episode is dedicated to managing your retirement paycheck during such market declines. There are certain things to do and certain things to avoid doing, so we explain how to approach these periods and not just survive them, but also make the most of them.
Resources & People Mentioned
- Podcast episode #40: Investing and the "Lifeboat Drill"
- Podcast episode #51: Making Sense of Your Retirement Projections
- Podcast episode #45: A Deeper Dive on Roth IRA Conversions
- Download our guide: How to Create a Paycheck in Retirement
- Download our guide: The Financial Checkup
Connect With Trent and Andrew
- https://mdwmllc.com
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