Question: Now that I’m retired, I am no longer contributing to my retirement accounts. In fact, I am now taking distributions. That being the case, how is it that my portfolio grows in retirement?
Answer: Over the course of your retirement (and life), the market will experience many fluctuations. In the short term, your investments will go up and down, but over the long-term, your portfolio should see steady growth. For that reason, when planning for your retirement, we base our the projections on an average rate of return and a steady distribution rate…continue reading