Academic simulations prove that the distribution of wealth is greater with glide paths that increase in equity allocation rather than decrease. No safe landing. Savings impact the distribution of ...
The allocation process for a target-date fund may be more than shifting from equities to fixed income over time. Instead, to maintain an appropriate balance at different lifecycle stages, there may be ...
A paper published in The Journal of Retirement argues that asset-allocation glide paths popularized in target-date funds (TDFs) fail to deliver superior end-point wealth. Traditional glide paths ...
Using Data to Run a Glide Path Analysis Does the Glide Path of Your Target-Date Fund Fit? Data informs nearly every decision an employer makes. Yet, one employer decision that data doesn’t always ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...