Friday Radio Rallies & Reversals

That would certainly cut into my budget. Last week I attended a portfolio management conference in Toronto and one of the presenters was Moshe Molevski a professor at U of T and Retirement research expert. He talked about the impact of significant events in life that affect your retirement. His topic was in the context of market events like the Financial crisis and it's affect on people retiring within 5 years and 1 decade after their retirement date. There are investment strategies to address this risk.

I would consider this a significant event in Charlie's life that could through a wrench in his retirement. If I were Charlie's financial planner, my recommendation would be to consider either extending his retirement date from 60 to 61 or using a very specialized investment strategy.