This week Jim and Cathlyn discuss investment allocation in a retirement investment plan, but based on new ideas raised by the guest this week Dr. Wade Pfau, and others in the field. They will look at what is not working so well with target date funds, and why we all may need to start rethinking the way we invest for, and in, retirement. They primarily discuss the concept of the “Rising Equity Glide Path”, which is a somewhat counter-intuitive concept for most people in retirement. They illustrate the concept in a case study by re-visiting Sam & Melanie Krauss. The guest this week is Wade Pfau PhD CFA, who will discuss his ideas on rethinking the approach to how we allocate our assets in retirement.
.
