For those in the Retirement Risk Zone, addressing drawdown risk and other portfolio threats before they are realized is critical to a long successful retirement. We discuss what these drawdowns can mean and how to properly manage these risks. Key takeaways are:

• Market corrections near the beginning of retirement may sap portfolio life by seven years or more.
• Retirees are faced with a number of portfolio threats: longevity, volatility, low rates, and inflation.
• Replacing just 15% of a portfolio's overall assets with buffered equity strategies may help a retiree's savings last well beyond their years.