When investors choose higher withdrawal rates along with higher portions of equity (90 % or 100 % instead of 50 % or 60 %, for instance), dramatic bear markets such as those of 1974 - 1975 and much more recently of 2000 - 2002 and 2008 - 2009 can
become huge setbacks.
Not exact matches
Oprah Winfrey While Winfrey is a
huge success now, it was actually an early
setback that helped forge the media icon she later
became.
Since I've
become more and more grateful for the experiences of my life — the ups and downs, things like getting a divorce and having
huge career
setbacks — I've
become more authentic.