Search found 4825 matches

by bobcat2
Wed Jul 19, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 196
Views: 26207

Re: Your Retirement Number, or, calculating the funding ratio

Reviving an older thread to ask about the status of Income Solutions (and explore any alternatives). When I first tried to calculate my FR following Bob's informative post some months ago, I could find all the annuity quotes I needed from Income Solutions (via VG's site). There was one company (Pru...
by bobcat2
Tue Jul 18, 2017 2:48 pm
Forum: Investing - Theory, News & General
Topic: In Pursuit of the Perfect Portfolio: Robert C. Merton
Replies: 5
Views: 1238

Re: In Pursuit of the Perfect Portfolio: Robert C. Merton

It is apparent in watching the video that Lo and Merton are friends and colleagues, which is understandable given that they are past mentor & student. Lo was once a star grad student and grad assistant to Merton. Lo was also the prime mover in getting Merton to return to MIT from Harvard. In the...
by bobcat2
Fri Jul 14, 2017 12:00 am
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

Would the DFA fund be preferable to the bond ladder? If so, why? If not, why not? What are the main reasons a person would select the DFA fund over the ladder or vice-vera. I would not anticipate managing the ladder would be a logistical problem. Buy the Tips and hold to maturity and redeem one eac...
by bobcat2
Thu Jul 13, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

Bob,(or others). I calculated the yearly amounts that can be withdrawn using DFA income calculator. I used $250,00 ($250,000) as the invested amount. The estimated payout over 25 years for the "median" yearly withdrawl was $10,500.00. The question I have is why would the DFA Target retire...
by bobcat2
Thu Jul 06, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

On the other hand, just to point out the obvious: how do you "use the Funded Ratio to drive your retirement investment plan" when the funded ratio is exactly as volatile as your portfolio? That is not true. The volatility of the funded ratio is measured in income units. It is sensitive to...
by bobcat2
Thu Jul 06, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 741

Re: New retirement solution aims to improve retirement outcomes for Canadians

"Prioritizing sustainable income in retirement rather than wealth accumulation should be a focus for not only plan members but also plan sponsors." - Robert Merton The introduction of this solution shifts the focus of the retirement conversation away from "What is the total savings I...
by bobcat2
Thu Jul 06, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 741

Re: New retirement solution aims to improve retirement outcomes for Canadians

Sun Life's next generation target date retirement solution This new retirement solution will be integrated with Sun Life's digital enrollment tools to create a fully digital member experience. The introduction of this solution shifts the focus of the retirement conversation away from "What is ...
by bobcat2
Wed Jul 05, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 741

New retirement solution aims to improve retirement outcomes for Canadians

TORONTO, July 5, 2017 Sun Life Assurance Company of Canada ("Sun Life") today announced plans to launch a next-generation target date solution designed to improve the retirement outcomes of group savings plan members in Canada. The retirement solution will be a first for the Canadian marke...
by bobcat2
Sun Jun 25, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

The Problems With Reverse Mortgages The above WCI article begins with a section titled, Home Equity Isn’t Doing Nothing . https://www.whitecoatinvestor.com/the-problems-with-reverse-mortgages/ The section starts with the following quote. Perhaps the thing that bothers me the most about the reverse ...
by bobcat2
Sun Jun 25, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

Reverse Mortgages- Has Anything Changed? https://www.whitecoatinvestor.com/reverse-mortgages-has-anything-changed/ The above WCI article lists seven ways reverse mortgages can be used - some of which I consider dicey. It left out all the following ways reverse mortgages can be used, and this is only...
by bobcat2
Sun Jun 25, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

Reverse Mortgages- Has Anything Changed? https://www.whitecoatinvestor.com/reverse-mortgages-has-anything-changed/ The above WCI article starts with the following sentence. Like whole life insurance, reverse mortgages and those who sell them have a terrible reputation among financially savvy folks ....
by bobcat2
Thu Jun 22, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

I used the DFA Income Calculator Bobcat 2 linked to. I received three ranges of payouts. for "X" amount invested in the DFA retirement Income Fund, Assume that the withdrawn amounts for 2017 could be any of the following $10,000.00 a year, $8500 a year and $7500.00. The person decides he ...
by bobcat2
Wed Jun 21, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Attention Win XP users
Replies: 20
Views: 2388

Re: Attention Win XP users

If you must use XP and surf the internet at least do the following. - Use a standard user account, not an administrative account, when surfing the net (free). - Use Chrome or Firefox not IE when surfing. Use addons uMatrix or NoScript, as well as a good adblocker. - Use a good 3rd party antivirus su...
by bobcat2
Fri Jun 16, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

Reverse Mortgage Line of Credit Strategies (RM LOC) - Protect investments – A RM LOC alleviates the sequence of returns risk in retirement by substituting withdrawals from the LOC for portfolio withdrawals when markets decline. Proceeds from the line of credit may be repaid after markets recover. A...
by bobcat2
Thu Jun 15, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

From the above article by Jane Bryant Quinn ’ve got a financial proposal that is probably going to surprise you. Take out a reverse mortgage at age 62, even though you don’t need the money. In fact, take it especially if you don’t need the money. There will never be a better time. Terms will change ...
by bobcat2
Thu Jun 15, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 12
Views: 1195

Re: Reverse Mortgage Considerations

Here are some resources on reverse mortgages - Jane Bryant Quinn - A great reverse mortgage idea: Take a credit line now Link- http://janebryantquinn.com/2013/08/a-great-reverse-mortgage-idea-take-a-credit-line-now/ Here's an interview with Wade Pfau on reverse mortgages. How One Finance Professor C...
by bobcat2
Tue Jun 13, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

What metric, other than the funded ratio, would you recommend for reaching your retirement income goal that would take into account the impact of changing fix income yields on reaching the goal? The only way I know to do this is through funded ratio units. For purposes of illustration, I might choos...
by bobcat2
Tue Jun 13, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

Overall, I think it's a good insight to consider the impact of changes in fixed-income yields on the FR as opposed just to the portfolio in isolation. It's also important not to use a short-term volatility metric as the risk measure for a long-term investment horizon, regardless of whether or not y...
by bobcat2
Mon Jun 12, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

Here's an article by Wade Pfau on the DFA TDFs. I apologize if somebody has already brought this up earlier in the thread. Excerpt from beginning of article. Dimensional Fund Advisors (DFA) takes a more direct approach to immunizing retirement liabilities through their target-date retirement income ...
by bobcat2
Sun Jun 11, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

The suggestion is that about 15 years before retirement you start moving your portfolio to one that will match some income goal - so if I assume I will have a 30 or 35 year retirement, I need to be able to estimate my income needs 45-50 years out. How do I realistically do that?? Everyone says you ...
by bobcat2
Sun Jun 11, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

Using the wrong risk measure (portfolio volatility) vs. correct risk measure (funded ratio) when duration matching or, what is essentially the same thing, purchasing a deferred life annuity. http://i65.tinypic.com/hvxswl.jpg The above chart on the left shows the retirement income risk of duration m...
by bobcat2
Sun Jun 11, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

Speaking of volatility, an objection raised by Nisiprius in an earlier reply has not been fully addressed, which is that the volatility of the FR is the same as the volatility of the portfolio, to the extent that one's portfolio does not consist of safe fixed income (i.e., no credit risk) that matc...
by bobcat2
Sat Jun 10, 2017 10:39 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using Funded Ratio to drive retirement investment plan-Part 1 FR

[from Australia] When the goal is income, risk is not expressed as the volatility of the portfolio. Risk Is Determined by the Investment Goal . The goal you aim for determines to a large degree what your risk-free asset is and this gives a starting point for determining how far removed you are from ...
by bobcat2
Thu Jun 08, 2017 9:55 am
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

http://i64.tinypic.com/2co68i1.jpg The points made in the above slide are important. - seeks to maximize the chances of achieving the promised income goal – dynamically manages risk of not achieving the goal – once goal is achieved takes as much risk as possible out of the portfolio – general portf...
by bobcat2
Thu Jun 08, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

I look at the covered call strategy as getting paid a small premium to announce my intent to rebalance in advance. I sell at a strike price that I would be selling equities at anyway. In that view it us equivalent to rebalancing. To elaborate on this, in Asset Management Andrew Ang has the followin...
by bobcat2
Wed Jun 07, 2017 10:42 pm
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Covered Calls This is a strategy that will outperform when the market is flat or down and will outperform when the market is up. Problem is that the later happens more frequently. A better way to have more income and less volatility is of course to own more bonds. With an LDI strategy based on the ...
by bobcat2
Wed Jun 07, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Continued: Covered Calls Can you provide any actual, quantifiable examples of using this over your suggested 15+ year time period and showing how it works? How much is the volatility actually reduced? How much is the does the probability increase? How much work is actually involved? What are the ac...
by bobcat2
Wed Jun 07, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Covered Calls Can you provide any actual, quantifiable examples of using this over your suggested 15+ year time period and showing how it works? How much is the volatility actually reduced? How much is the does the probability increase? How much work is actually involved? What are the actual expens...
by bobcat2
Tue Jun 06, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Lieutenant.Columbo wrote:Bob,
May I suggest you link to Parts 2 and 3 in the Part 1 OP? And to Parts 1 and 3 in Part 2 OP? That way one can easily link between Parts when reviewing the topic. Thanks.
Good idea. It's done.

BobK
by bobcat2
Tue Jun 06, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Covered Calls blah blah blah ... Many investors will not be comfortable writing covered calls on their portfolio, or purchasing funds that write the covered calls for the investor. That’s ok; this option strategy simply adds an additional layer of financial engineering to retirement planning that t...
by bobcat2
Tue Jun 06, 2017 12:41 am
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

Re: The Funded Ratio over the Life-Cycle -Part 3 Funded Ratio

Goal based retirement investing relies on the funded ratio. Goal Based Investing focused on what matters most: Income Investments Planning Process Conventional Retirement Goal-Based Retirement Investment Goal Wealth accumulation Retirement Income (No specified wealth Goal) (Specified desired income ...
by bobcat2
Mon Jun 05, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

Thanks very much for posting the DFA and Merton materials, Bobcat2. I always look for your posts because you take the time to share informative publications & presentations. It's very much appreciated. Hi patriciamgr2, Thanks for the kind words. You might be interested in my three recent posts ...
by bobcat2
Mon Jun 05, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series
Replies: 16
Views: 1475

The Funded Ratio over the LifeCycle - Part 3 of Funded Ratio series

This is the 3rd in a series of posts on using the funded ratio in retirement planning. You might want to read the earlier posts for background information before reading this post. Link to first post – Using the Funded Ratio to drive your retirement plan https://www.bogleheads.org/forum/viewtopic.p...
by bobcat2
Sun Jun 04, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: LMP-3: Roll your own pension- Build a tips ladder!
Replies: 43
Views: 4734

Re: LMP-3: Roll your own pension- Build a tips ladder!

Attempting to build a 30 year TIPS ladder as a replacement for a pension is an inefficient expensive planning objective. It would be much more reasonable and inexpensive to build a 20 year TIPS ladder and leave extra assets for purchasing a longevity annuity that begins payouts in the 21st year. You...
by bobcat2
Sun Jun 04, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series
Replies: 2
Views: 759

Re: Determining your asset allocation using Funded Ratio-Part 2 FR

Another constraint often put on the retirement plan is a floor level of income consisting solely of safe inflation-protected income, TIPS and I-bonds. This level is set at the discretion of the investor. For example, the safe floor might be set at 80% of the aspirational income target, i.e. FR=0.80....
by bobcat2
Sat Jun 03, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series
Replies: 2
Views: 759

Re: Determining your asset allocation using Funded Ratio-Part 2 FR

Alternative Methods Many individuals will not be comfortable applying Monte Carlo analysis to their portfolios. OTOH there is absolutely no reason for a competent financial advisor to not be able to perform this function for individual clients. What can individual investors do if Monte Carlo analys...
by bobcat2
Fri Jun 02, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series
Replies: 2
Views: 759

Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series

This is the 2nd in a series of posts on using the Funded Ratio for retirement planning. You might want to read the first post for background information before reading this post. Link to earlier post – https://www.bogleheads.org/forum/viewtopic.php?f=10&t=219878&newpost=3391987 Here is a li...
by bobcat2
Fri Jun 02, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: the 25x rule & other wealth measures

I've often thought that it was illogical to base an asset allocation decision on one's age irrespective of how close they are to fulfilling their income needs in retirement. I use a somewhat similar approach in my own retirement planning, however the denominator in my "funded ratio" is my...
by bobcat2
Thu Jun 01, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: RMD on Declining Balance
Replies: 53
Views: 3435

Re: RMD on Declining Balance

I really enjoy Dr. Pfau's work, I read the majority of what he publishes, but I consider him EXTREMELY conservative. I don't know that I can point anything written about him that specifically states he's considered conservative by his peers ,but I think the majority of Bogleheads would find his con...
by bobcat2
Thu Jun 01, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: RMD on Declining Balance
Replies: 53
Views: 3435

Re: RMD on Declining Balance

Wade Pfau, known widely as a very conservative financial researcher... I think we need some facts here. Other than making this bald assertion what facts can you produce that support your claim that Pfau is "known widely as a very conservative financial researcher"? I've met Wade, I've cor...
by bobcat2
Wed May 31, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

Hi Bob, I'll re-phrase my question. Can you help me with this scenario , please?: 1. investor just turned 57 2. 70:30 equities:bonds 3. FR at age 57 is 1.15 . 4. desired retirement age is 58 Questions: can they still convert their strategy & portfolio to what you recommend AND retire at age 58?...
by bobcat2
Wed May 31, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

...suppose someone was 50 and was thinking of stopping working and would otherwise live off a 3% withdrawal rate adjusted for inflation having never heard of your ideas... ...at least work part-time longer. I wouldn't encourage any healthy individual to retire before 58, and if you enjoy what you a...
by bobcat2
Wed May 31, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

For example, you want to withdrawal $30,000/year ($2,500/month) from your portfolio. Before retirement price a deferred real life annuity that pays out $2,500/month beginning on your expected retirement date. Where can one find such an annuity? The only DIAs I've seen quote an initial payout in nom...
by bobcat2
Tue May 30, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

If I get to 75 healthy, I intend to purchase a longevity annuity that begins payouts at age 85 for about a third of my annual withdrawals from the TIPS. I would then purchase another third at about age 80 if healthy, and the remaining third as I approach age 85. Beyond 85 I want longevity protectio...
by bobcat2
Tue May 30, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

I actually have a question for you BobK (which hopefully doesn't take us off topic). How would you approach it if you were eyeing a very early retirement? That is, suppose someone was 50 and was thinking of stopping working and would otherwise live off a 3% withdrawal rate adjusted for inflation ha...
by bobcat2
Tue May 30, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

#Cruncher's calculations depend on life expectancy, which would seem to run the risk that actual lifespan exceeds life expectancy. If the general idea is to buy a TIPS portfolio with cash flows that match our planned spending (the liability side of liability matching), what do we do if we live long...
by bobcat2
Mon May 29, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

When you are about fifteen years from retirement you add the ST TIPS fund, and match the average duration of the two TIPS funds to the duration of the retirement income goal, the liability. (In this case, you are literally matching the duration of the TIPS to the duration of a life annuity that beg...
by bobcat2
Mon May 29, 2017 8:12 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

I think there is an additional complication that leads one to favor a TIPS fund if you are interested in pursuing this strategy. Namely, the approach exposed by Merton and used by DFA involves a changing percentage of TIPS of various maturities in order to properly match the changing duration of on...
by bobcat2
Mon May 29, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 68
Views: 5854

Re: Using the Funded Ratio to drive your retirement investment plan

Would you please add to OP a link to where you price annuities?... Thanks. I'll eventually add the link to the OP, but for right now I'm putting it here. The website is immediateannuities.com and you need to use their 'advanced' calculator to get a real (inflation-adjusted) life annuity quote. The ...
by bobcat2
Sun May 28, 2017 7:02 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 8834

Re: DFA Retirement Income Strategies

Not even close to a Larry Portfolio. :thumbsup :thumbsup The heart of the strategy driving this portfolio asset allocation is the dynamic duration matching of the two TIPS funds to the duration of the targeted 25 year retirement income stream. I haven't seen all of the Larry portfolios, but I suspe...

Go to advanced search