Market Indicators
- JSE All Share (ALSI) 56,425.11
- Rand/Euro R 16.80
- Rand/Pound R 19.49
- Rand/US Dollar R 15.05
- Rand/Aus Dollar R 10.38
The Hardest Problem in Finance
Retirees face the challenge of drawing an income from their investment portfolios that will last for the rest of their lives. A combination of unpredictable markets, sequence of returns risk, and behavioural temptations make this the “nastiest, hardest problem in finance.”
In this month’s article, we examine how this challenge can be overcome with a sensible investment and financial planning process.
