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In the words of former US Secretary of Defence Don Rumsfeld, there are “known knowns, known unknowns, and unknown unknowns”. Sequencing risk falls into the "known unknowns" category – we know market fluctuations will happen, but we can't predict their timing or severity.
This uncertainty is especially relevant for doctors transitioning from a stable, high-income career to the unpredictability of retirement.
Sequencing risk, or the risk of poor investment returns early in retirement, can significantly affect the longevity of retirement savings. For medical...
In the words of former US Secretary of Defence Don Rumsfeld, there are “known knowns, known unknowns, and unknown unknowns”. Sequencing risk falls into the "known unknowns" category – we know market fluctuations will happen, but we can't predict their timing or severity.
This uncertainty is especially relevant for doctors transitioning from a stable, high-income career to the unpredictability of retirement.
Sequencing risk, or the risk of poor investment returns early in retirement, can significantly affect the longevity of retirement savings. For medical...
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