Relying on the stock market to fund retirement can be risky. Retirees who depend on market returns to generate income face the potential loss of savings and spending ability should they experience poor market returns during the critical early years of retirement while spending from their portfolios.
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Are you a constrained investor?
An income distribution strategy will help generate lifetime retirement income, prevent spending too much or too little, increase income efficiency (higher spending and/or increased legacy values), and mitigate the most significant retirement risks (inflation, timing, and longevity).
Longevity, the risk of living a longer-than-expected life, is the greatest risk retirees will face.