--- title: "ThinkAdvisor: Covisum's advisor and quant discuss how to manage sequence of returns risk in retirement planning" description: In an ongoing series exclusive to ThinkAdvisor, Joe Elsasser, CFP® and Ron Piccinini, PhD provide readers with two distinct perspectives on the same topic. Check out the most recent installment, how do you manage sequence of returns risk in retirement planning? image: https://www.covisum.com/hubfs/think-advisor-logo-blog.jpg --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # ThinkAdvisor: Covisum's advisor and quant discuss how to manage sequence of returns risk in retirement planning [IN THE NEWS  |  ](https://www.covisum.com/blog/topic/in-the-news)5/1/18 11:30 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/blog/author/lauren-laferla-pr-content-marketing-manager) ![Think-Advisor-Logo-Color](https://www.covisum.com/hs-fs/hubfs/Logos/Think-Advisor-Logo-Color.png?width=600&name=Think-Advisor-Logo-Color.png) In an ongoing series exclusive to ThinkAdvisor, Joe Elsasser, CFP® and Ron Piccinini, PhD provide readers with two distinct perspectives on the same topic. Check out the most recent installment, ["How do you manage sequence of returns risk in retirement planning?"](https://www.thinkadvisor.com/2018/05/01/how-to-manage-sequence-of-returns-risk-in-retireme/?slreturn=20180401113413)  In this edition, Joe and Ron discuss how to protect clients from a down market in the crucial early withdrawal years. Joe's response included: > "There are a variety of ways to manage sequence of returns risk in retirement, and they all start with a reasonable expectation of whether the client is actually at risk or not — and if so, to what extent." And Ron's response included: > "To manage sequence risk, one has three levers: spending, portfolio risk, and its cousin: portfolio expected returns. Assuming spending is fixed, the management comes down to a delicate (and perhaps fragile) balancing act between portfolio risk and return."   See the full response from both Joe and Ron in [*ThinkAdvisor*](https://www.thinkadvisor.com/2018/05/01/how-to-manage-sequence-of-returns-risk-in-retireme/?slreturn=20180401113413). ### Share this article [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-advisor-and-quant-discuss-how-to-manage-sequence-of-returns-risk-in-retirement%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-advisor-and-quant-discuss-how-to-manage-sequence-of-returns-risk-in-retirement%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-advisor-and-quant-discuss-how-to-manage-sequence-of-returns-risk-in-retirement%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-advisor-and-quant-discuss-how-to-manage-sequence-of-returns-risk-in-retirement%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=ThinkAdvisor%3A%20Covisum%27s%20advisor%20and%20quant%20discuss%20how%20to%20manage%20sequence%20of%20returns%20risk%20in%20retirement%20planning) ## Related Blog Articles [ ### In The News Charting the retirement course on Covisum's Tax Map Read ](https://www.covisum.com/blog/charting-the-retirement-course-on-covisums-tax-map) [ ### In The News ThinkAdvisor: Covisum's advisor and quant discuss how to plan for health care costs in retirement Read ](https://www.covisum.com/blog/thinkadvisor-covisums-advisor-and-quant-discuss-how-to-plan-for-health-care-costs-in-retirement) [ ### Retirement Income Planning Maximizing Retirement Income with Covisum's Financial Planning Suite Read ](https://www.covisum.com/blog/maximizing-retirement-income-with-covisums-integrated-suite-of-financial-planning-products) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. 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