Your retirement may not survive its first bad year. This number could help

Market shocks hit retirees harder than anyone else. For those just retired or on the verge of it, a sharp early drop in portfolio value can cause damage that compounds quietly over decades, long after markets recover.

The American war in Iran is the latest trigger. And it may not be the last.

The good news: careful planning can offset the risk. A concept called the safe withdrawal rate, used correctly, can be the difference between a corpus that lasts 30 years and one that runs out in 20.

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