Meeting Retirement Goals With Dimensional’s Target-Date Retirement Income Funds
One of the defining distinctions for retirement income planning, as opposed to traditional wealth management, is that the focus shifts to best meeting an ongoing spending objective in retirement. Traditional target-date funds (TDFs) aren’t designed to meet a spending objective; their focus is on growing nominal account balances while also managing account balance volatility
Pfau, Wade D. PhD, "Meeting Retirement Goals With Dimensional’s Target-Date Retirement Income Funds" (2016). Faculty Publications. 527.