We closed January’s commentary with the thought that the vagaries of market returns we see in history are likely to persist in the future. While we cannot foresee what shall become of the market over the longer-term future, we can plan to be adaptable to circumstances in the interim. In particular as we begin to withdraw more than we save in our investment portfolios, we may need to balance the longevity of our savings against levels of spending. One also may wish to de-risk portfolios through time as sensitivity to market volatility rises. An advisor can help clients establish and implement plans that take into consideration such details and, over time, assist in digesting new information, altering existing plans where necessary.