This feel for making frequent small adjustments is especially important when you consider that at
some point over the course of retirement you're likely to experience a financial disruption or setback of some some sort that can throw a money wrench into even the most carefully laid plans.
Not exact matches
Or how about if
over the
course of a long
retirement now - dormant inflation re-awakens to the
point that your annuity payment can no longer cover as much
of even your day - to - day expenses as it once did?
That may not sound like much, but lowering annual fees by half a percentage
point over the
course of a career and a long
retirement can boost the size
of your nest egg by 25 % and increase the sustainable income it generates by upwards
of 40 %.
The valuation level that applies on the
retirement day tells us how much
of the starting -
point portfolio value is real, lasting wealth and how much is cotton - candy nothingness fated to be blown away in the wind
over the
course of the next 10 years or so.