In the News

Title

Which asset allocation strategy should retirees use? Retirement Scan

Authors

On Wall Street

Document Type

Article

Publication Date

5-10-2017

Abstract

Retirees using a dynamic asset allocation approach in investing may opt for current market valuation or their funded ratio as basis for the allocation, writes Wade Pfau, professor at The American College, in this article on Forbes. When using the valuation-based asset allocation, retiree investors lower their stock allocation when the portfolio is very likely to experience a big decline in value, writes the expert.