Craig Wear, a CFP, explains why big market losses hit harder in retirement. A 20% drop costs $200,000 on a million-dollar portfolio, and that damage compounds when you're withdrawing money at the same time.
Not that losing money is less important if you have less money, but the numbers are bigger. And so a 10% change is hundreds of thousands of dollars and it just, it feels more compelling. If nothing else, the percentages are the same, but it feels bigger and it's actually risking a lot more dollars. Today I'm going to walk you through the second of the three big risks that I've identified that I think could quietly undermine your retirement success. If you like just good information and education, I'd appreciate you hitting the like button. Subscribe to the channel and this kind of stuff will come to you as soon as it kind of comes off of my brain onto the social media stuff that we have available. If you didn't download the free ebook, I'm going to offer it again. But in this one, I'm going to, I'm going to be able to share some specific numbers with you that I think will be enlightening and maybe alarming. All right, so let's kind of jump in.
