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Rethinking conventional wisdom on retirement withdrawals While a stock-first withdrawal approach is viewed as a prudent way for retirees to tap into their retirement accounts, financial advisers should not readily recommend this strategy, as it may expose their clients to sequence-of-return risk exposure, writes an expert. Some clients may be better off using a bonds-first strategy, as studies have shown that those who use this approach are less likely to outlive their savings, the expert argues. "I think it’s important that advisers consider their retirement-income strategy—and also look closely at the tools they’re using to help clients plan for retirement and understand the various limitations and potential biases that they pose." –The Wall Street Journal
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