Onward
Thinks s/he gets paid by the post
- Joined
- Jul 1, 2009
- Messages
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Very interesting.
An Adage Adjustment for Investors at Retirement
In case you can't get the NYT story, here is the paper it summarizes:
Reducing Retirement Risk with a Rising Equity Glide-Path by Wade D. Pfau, Michael E. Kitces :: SSRN
Portfolios that started with about 20 to 40 percent in stocks at retirement, and then gradually increased to about 50 or 60 percent, lasted longer than those with static mixes or those that shed stocks over time, according to the study.
An Adage Adjustment for Investors at Retirement
In case you can't get the NYT story, here is the paper it summarizes:
Reducing Retirement Risk with a Rising Equity Glide-Path by Wade D. Pfau, Michael E. Kitces :: SSRN