How important is asset allocation to retirement security?

Munnell, Alicia Haydock, Natalia Sergeyevna Orlova, and Anthony Webb. “How important is asset allocation to retirement security?”. Issue in Brief 12-11, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, June 2012. http://hdl.handle.net/2345/bc-ir:103930.
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Abstract

The brief's key findings are: (1) Financial planners often tout asset allocation to boost retirement preparedness. (2) But the typical household nearing retirement has less than $100,000 in savings. (3) Hence, asset allocation lost when tested against three alternatives: working longer, taking a reverse mortgage, and controlling spending. (4) Even for households with substantial financial assets, asset allocation is less important than one would expect.

Title
How important is asset allocation to retirement security?
Author
Munnell, Alicia Haydock
Orlova, Natalia Sergeyevna
Webb, Anthony
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
June 2012
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
12-11
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:103930
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

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