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Podcast: The Real Investment Show (Full Show)
Episode: 1-30-26 Retirement Income When Markets Are Expensive
Description: Markets may still enjoy short-term momentum, but long-term retirement planning must confront a different reality: elevated valuations, lower forward returns, and rising sequence-of-returns risk.
Richard Rosso explains why retirees face a near-term tailwind in market returns—but potentially long-term secular stagnation that demands tighter portfolio guardrails. Drawing on research from Michael Kitces and Wade D. Pfau, we discuss why historically tested retirement income strategies matter more today than at any point in the last two decades.
Rich breaks down:
Why short-term market strength can be dangerous for new retirees
How sequence-of-returns risk dominates the first 10–15 years of retirement
Why portfolios need...