June 23rd, 2014 | Forbes.com
Forbes speaks with Gerstein Fisher CIO on handling market downturns in retirement
Forbes.com staff writer Steve Schaefer recently interviewed Chief Investment Officer Gregg S. Fisher about strategies that investors in or nearing retirement can use to weather a market downturn or market correction. The video appears in his article, “Don’t Let Mr. Market Ruin Your Retirement,” which touches on the importance of keeping a cash reserve to prevent the need to sell investments in a down market, as well as the upside of a down market—the potential for opportunistic buying. It also references Gerstein Fisher research on an appropriate withdrawal rate for retirees starting to tap their nest egg to cover living expenses.