Using Target-Date Retirement Income Funds To Guard Against Interest Rate Risk In Retirement
Dimensional Fund Advisors (DFA) takes a more direct approach to immunizing retirement liabilities through their target-date retirement income funds. These funds provide a useful case study for understanding the role bond funds play in meeting retirement expenses.
Pfau, Wade D. PhD, "Using Target-Date Retirement Income Funds To Guard Against Interest Rate Risk In Retirement" (2017). Faculty Publications. 725.