ITW - Retirement: How To Manage Risks And Prepare For The Next Downturn
Let's say you already have a million dollar portfolio, mostly invested in the index funds. The bull market of the last 10 years has helped your portfolio tremendously due to the outperformance of the broad market indexes. It has been difficult for most people and strategies to beat the broad market indexes in the last few years. You are sitting pretty with the thought that with other income streams like social security and maybe some pension you are going to sail through retirement comfortably with one million dollar portfolio. We agree to a large extent.