New and soon-to-be retirees can decrease the “sequence of returns danger” by adjusting each their portfolio and their investing mindset. Traders who don’t handle this danger may want they’d paid extra consideration to the outdated Aesop’s fable concerning the farmer who had a goose that laid one golden egg every day.

When you don’t keep in mind that one, I’ll lower to the chase: As an alternative of fascinated by how he might finest defend his goose – and the comfy way of life it offered him – the farmer determined he wished to get extra eggs sooner. So he ended up gutting the goose … and a heck of a retirement plan.

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