I've seen a number of posts that seem to recommend having the same exposure to equities pre and post-retirement. The premise appears to be that you will
need to take on the same level of investment risk immediately post-retirement if you expect your pot to last for another 20+ years (hopefully). However
is it not the case that prior to going into an ARF/annuity there will be a benefits crystallsiation event (BCE) that involves cashing up your pot and then re-investing
in an ARF/annuity. In that event is it not better to have moved gradually to cash (not bonds given recent events) prior to the BCE. This guards agaisnt the risk of a major downturn near retirement. Then post retirement in the case of an ARF to have an invesment mix that includes a cash pot representing 5(?) yrs expected/imputed withdrawals and then the rest in equities. The cash pot can be used to pay the withdrawals and guard again sequencing risk by being replenished from the equity pots during up cycles. Does this make sense or is it even possible? Apologies if already asked and answered.
need to take on the same level of investment risk immediately post-retirement if you expect your pot to last for another 20+ years (hopefully). However
is it not the case that prior to going into an ARF/annuity there will be a benefits crystallsiation event (BCE) that involves cashing up your pot and then re-investing
in an ARF/annuity. In that event is it not better to have moved gradually to cash (not bonds given recent events) prior to the BCE. This guards agaisnt the risk of a major downturn near retirement. Then post retirement in the case of an ARF to have an invesment mix that includes a cash pot representing 5(?) yrs expected/imputed withdrawals and then the rest in equities. The cash pot can be used to pay the withdrawals and guard again sequencing risk by being replenished from the equity pots during up cycles. Does this make sense or is it even possible? Apologies if already asked and answered.