Markets around the world have taken a beating. This is concerning for everyone, but it is most problematic for retirees and others who require income from their investments. Aside from the stress of watching their capital diminishing at a rapid rate, retirees are understandably worried about how they are going to maintain their income in the future.

So what should you, as a retiree, do to balance your need for income while preserving the value of your capital?..

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