@KVanValkenburg They don’t want a precedent being set that will harm their members down the line. Precedent being that the league can have standards of conduct, and consequences, for players.
@JGibbs405649155@VigilantFox RMD happens in retirement. My point was sequence of returns isn’t meaningful during your working years. I’m done. Take care.
@JGibbs405649155@VigilantFox Imagine you started investing 1/1/2020. At 12/31/2021 the S&P 500 was 46% higher. If you didn’t sell anything during that time it DOES NOT MATTER that the market crashed 34% in 2020. If you’re not selling, what happens in the middle is irrelevant.
@JGibbs405649155@VigilantFox Yes, sequence of returns matters as you approach and start retirement. So, yes, a boomer retiring in 2000 (when the oldest boomers were only 54 years old) would have retired at a horrible time, sure. And no boomers were retiring in 1980.