Here’s a behavioral exercise I conduct when my clients get nervous about the future.
That’s the subheading of my recent column in ThinkAdvisor. An excerpt:
Filtering out the noise, the bottom-line question I hear most among retirees and pre-retirees is “Am I at risk of outliving my money?” This is a concern that is certainly valid: nobody wants to face a cataclysmic wipe out similar to 2008 or 2000 as they transition into retirement. Vigilance is warranted. Panic due to short-term gyrations of the market usually isn’t.
See “Am I at Risk of Outliving My Money?” How to Face the Fear in ThinkAdvisor.