than Betty. The negative returns Betty experienced in the first two years, com- bined with her taking money out of the account for income, greatly reduced the value of her account.


A Solution – Split Your Nest Egg One way to overcome sequence risk is to split retirement savings into differ- ent “buckets”:


Bucket #1 – put enough money aside in cash-equivalent investments where principal is secure to pay one to two years of current expenses.


Medical Center congratulates:


The Staff and Administration of Lake Norman Regional


Bucket #2 – set aside enough money in investments subject to little or no volatility to meet income needs for the subsequent two to three years.


Bucket #3 – allocate remaining mon- ey in a diversified portfolio that can include stocks (as well as bonds and other types of assets). This money can be allowed to grow with no immedi- ate withdrawals required.


Growing portfolio value is important to help a retiree maintain an income level over time that can keep pace with increases in the cost of living.


Lorena Silva, BSN, MSN-L, MBA, RN, Chief Nursing Officer, on being named Elite Health Care Provider Award Winner by WomenWithKnowHow!


There is no easy fix for unpredictable market volatility, but an individual with savings split in this way may be better protected from the potential impact of sequence risk. Consider working with a financial advisor who can help you determine how to balance your portfo- lio in the most effective way that works for you – whether you’re already retired or still accumulating savings. ●


Diane S. Davis, CFP®, CLU® CERTIFIED FINANCIAL PLANNER™ Ameri- prise Financial 5200 Park Rd, Ste 117, Charlotte, NC 28209 diane.s.davis@ampf.com www.ameripriseadvisors.com/diane.s.davis


171 Fairview Road, Mooresville, NC 28117 704. 660.4000


18 Connect And Grow With Women In Our Community 704.522.6565


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