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 ...

My colleague John Rekenthaler recently observed that the problem with target-date fund research is that researchers need to find dramatic conclusions to get any attention, and this has led to ...

If there's one generally accepted principle in the realm of asset allocation, it's that young people with a long runway to retirement should start out with equity-heavy portfolios and only gradually ...

Zachary Rayfield, head of goals-based investing research in Vanguard's Investment Strategy Group, spoke about the use of glide paths at the Investments & Wealth Institute's Strategy Forum in New York ...

A common assumption for withdrawal rate studies is that the asset allocation remains fixed throughout retirement and is rebalanced to the targeted allocation every year. For this discussion, we will ...