A stock market downturn can wreck retirees’ savings. How to combat the risk

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A lasting stock market downturn can be a big problem early in your retirement. How to combat that risk

[CNBC | Sarah O’Brien] The major indexes have had a rough week. 

“If there’s a downturn early on, it can derail a whole retirement plan,” said Wade Pfau, a professor of retirement income at the American College of Financial Services.

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