Faculty Publications

Title

Reduce Stock Exposure in Retirement, or Gradually Increase It?

Document Type

Article

Publication Date

4-2014

Abstract

For the past 20 years—due to the growing research on safe withdrawal rates, the adoption of Monte Carlo analysis (a method of considering many simulations), and just a difficult period of market returns—there has been an increasing awareness of the importance and impact of market volatility on a retiree’s portfolio.