ChooseFI · Monday, October 26, 2026
Gilbert explains that transitioning from accumulation to decumulation requires deliberate psychological and financial preparation starting two years before retirement. He suggests building a multi-year cash liquidity bucket ahead of time to help defend against sequence of return risk.
“The change psychologically from accumulation to decumulation... That stuff doesn't work in the second phase, right? The post-retirement phase. And making that transition takes some time.”
“You should start taking positions now to start positioning your portfolio for that drawdown phase because it's a big phase.”