No one told you a market crash right after retirement can hurt more than the same crash years later.
Selling investments while prices are down leaves fewer shares invested for the recovery.
Investing changes when the paycheck stops
While you're working, a market crash is painful.
After retirement, it can be painful in a completely different way because you may be selling investments to pay the bills.
No one told you...
No one told you two retirees with the same average return can end up with very different amounts of money.
The order of good and bad market years matters once withdrawals begin.
No one told you spending flexibility can matter during a bad market.
If you can temporarily trim optional spending, you may avoid selling as much while investments are down.