Episode notes
In this episode, Jerry Davidse of Presilium Private Wealth breaks down one of the most overlooked parts of retirement planning: building a financial cushion to help protect your investment accounts during market downturns.
Market declines can happen suddenly and without warning — and history shows that drops of 20% or more have occurred multiple times since 1980. For retirees who rely on their portfolio for income, selling investments during a downturn can permanently impact long-term financial security.
Jerry explains:
- Why a cushion matters for retirement income stability
- How long market recoveries typically take
- A simple way to calculate your cushion based on your annual spending and income sources