Required Minimum Drawdown News Today

This is a hard time to retire. The market is down 7% from last year and the rate of inflation has risen to 8.5%. Both are brutal to your bottom

From Bloomberg Opinion: This is a hard time to retire. The market is down 7% from last year and the rate of inflation has risen to 8.5%. Both are brutal to your bottom line when you're on a fixed income. But as bad as things seem, 'odds are you are in better shape than your parents or grandparents,' Allison Schrager writes. 'And if they got through retirement comfortably, so will you.'