Minimum drawdown requirement – a double-edged sword in a time of crisis When markets and the value of investment portfolios fall, retirees can suffer the most. As they are no longer working, it’s hard for them to make up such losses to their capital. Depending on their age, they also may not have time to wait for markets and their investment portfolio to rebound. On the other hand, because in the retirement phase they are required to draw down a minimum percentage as a pension each year, retirees not totally reliant on this for income can find themselves forced to...