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I see a big push back from 401K, 403b, 40-whatever providers to allow the GRA program to shift retirement moneys from their profit centers to State Pension Systems.
Interview also touched on selling at the wrong time (during a market pullback).
How do you avoid selling when markets are down (sequence of return risk)?
Comments
I like the idea of a GRA (Guaranteed Retirement Account).
Here's an example of allocation and performance of the CT State Pension plans.
https://ott.ct.gov/pensiondocs/fundperf/FundPerformance01312019.pdf
I see a big push back from 401K, 403b, 40-whatever providers to allow the GRA program to shift retirement moneys from their profit centers to State Pension Systems.
Interview also touched on selling at the wrong time (during a market pullback).
How do you avoid selling when markets are down (sequence of return risk)?