To get the most out of those crucial early years of retirement, you need to have a plan for making the transition from the work - a-day world to your post-career life, when you won't have the structure of a job to fill up the hours of your day. (realdealretirement.com)
It means if your investments take a big hit as you are nearing retirement or in the early years of retirement, your losses can be much more devastating than if they had occurred earlier in your life. (entrepreneur.com)
However, we do know that the impact of a market decline in the early years of retirement is even worse than in later years. (entrepreneur.com)