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Every retiree enters a phase known as "The Fragile Decade," which involves significant vulnerability to market returns during the initial years of retirement. This period is crucial, as retirees often have their highest savings and start withdrawing from these funds. However, they lack control over global market fluctuations, posing a potential risk. To address this uncertainty, the video outlines three pension strategies inspired by retirement planning expert Dr. Wade Pfau. These strategies aim to ensure retirees maintain sufficient funds throughout their retirement, especially for those without substantial guaranteed income.