You just retired (or are about to). Now what?
Summary
New and soon-to-be retirees face “sequence‑of‑returns” risk—when bad markets hit early in retirement—and must act strategically. Experts urge assessing spending plans, cutting back if needed, and using a “bucket” approach: draw from safe assets during downturns while preserving stocks. Delaying Social Security boosts lifetime income, especially for higher earners and longer-lived spouses. Consider filing early if necessary, but avoid pulling from depressed equity markets. Offset inflation by adding short-term Treasury Inflation‑Protected Securities or laddered TIPS in your bond allocation. Lastly, early retirement presents a prime chance to convert traditional IRAs to Roth at lower tax rates.
ABC News
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