Why the order of returns matters
Two portfolios can earn the same average return and still produce very different retirement outcomes. Withdrawals make the sequence matter.
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Clear thinking for
uncertain outcomes.
Practical essays about retirement, investing behaviour, resilience, and the assumptions that quietly shape long-term plans.
A retirement plan that can take a punch
Buffers, flexible spending, diversification, and rebalancing can matter more than squeezing another percentage point from a forecast.
Read the essayScreening is the beginning, not the conclusion
A disciplined stock screen helps you allocate research time. It cannot tell you whether a business deserves your capital.
Read the essayHow to read a Monte Carlo result
A probability is not a promise. Understand what the model includes, what it leaves out, and which levers you actually control.
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