Sequence of returns

The beginners guide to retirement part 4:Sequence of returns risk

The beginners guide to retirement part 4:Sequence of returns risk

Let me explain using two fictional employees – Mike and Jacob.  They worked for Megacorp Inc and were identical in all aspects of their job. They both started working at age 25 and both worked for 40 years. Their salary and salary growth were identical, along with their Kiwisaver contributions. They made the same investments with their savings during which they both earned […..]