Episode 414: Five Years from Retirement? Do This.

The five years before retirement are what David McKnight calls the Retirement Danger Zone, a window where a stock market crash could trigger Sequence of Returns Risk and even derail a well-designed plan. In this episode, he breaks down the retirement planning strategies that build an income floor, create a Volatility Shield, and protect your tax rate before it's too late. Show Notes In this episode, David McKnight talks all things "Retirement Danger Zone", the 5-year time window that precedes your retirement.  When you're 20 years from retirement and the stock market crashes, it stings but you still have time to recover. If you're only a few years from retirement, on the other hand, a stock market crash may force you to take distributions from a portfolio that just lost 30 or even 40%. That move may send your portfolio into a death spiral from which it never recovers, also known as Sequence of Returns Risk. Even a well-designed retirement plan can be devastated by that risk....