“Again, I’m not saying a bear market is around the corner. It’s a low-probability event. But IF a bear market were to occur, it’s a lot scarier than people want to make it. True, the market has always recovered! It will also recover following the next bear market. The bad news: it’s not really a matter of if , but when! If the recovery takes too long it spells trouble for investors and especially retirees! For retirees with an aggressive withdrawal rate, it might make the difference between making it and running out of money. If you have a more conservative withdrawal rate – yours truly included – it might make the difference between having tons of money left over and just scraping by.”
Is anybody here doing anything “just in case” or is it business as usual with VT?