Bruce Moss: The importance of timing and sequencing risk

'Unenviable task for advisers'

clock • 4 min read

Sequencing risk can make the difference between having a legacy and running out of money before death, writes Bruce Moss, and the effect of mortality drag only exacerbates things

Being an hour early to a surprise birthday party thrown in your honour will undo weeks of careful planning. Being a bit late for a job interview, on the other hand, will start you off on the wrong foot.  You will likely be able to recover from both of the aforementioned time-keeping mishaps - a few drinks in and your friends will have forgotten all about it. Indeed, if you perform well in the interview, and you had phoned in your reason early enough, your tardy arrival will probably not count against you.  However, what if you are not just a few minutes late for that job interview? Wh...

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