What a 10% Market Drop Would Mean for Retirees Living on Withdrawals Right Now

If you’ve got a large retirement nest egg, you might feel secure — unless the market is swinging wildly. A 10% market drop might not sound catastrophic but for retirees living on portfolio withdrawals right now, a pullback can carry different consequences. Experts explained what impact such a drop would have on retirees who are currently living on their withdrawals. How a 10% Market Drop Affects Retirement Withdrawals A 10% decline does not hit every retiree the same way, according to Bill Kearney, chi ...