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For Retirees, When Inflation Arrives Is as Important as Its Magnitude
Morningstar 
Jan. 4, 2022 "The timing of stock-market performances doesn't matter to those who are preparing for retirement, assuming they stay the course. Ten years of poor returns followed by 10 years of strong returns is the same when reversed. Either way, investors reach the same place. Not so for retirees: Early declines cause more damage. The reason is twofold." |
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