Life Cycle Investing

Rethinking Portfolio Analysis

Publication: 
Mackenzie Investments
Author(s): 
Alain Bergeron, MSc, CFA Laurence Kotlikoff, PhD, William Fairfield Warren Professor of Economics at Boston University Todd Mattina, PhD Allan Seychuk, MA, CFA
Date: 
7/1/2016

Each of us must decide how to build and invest our savings. People need to ensure that they have enough income and assets to maintain their living standard at a desired level through time. Traditional financial planning and portfolio management tools tend to focus on the tradeoff between expected returns and risk at a point in time. While these traditional tools provide important investing insights, we demonstrate that a more holistic life-cycle financial planning framework can help form better spending, saving and investment decisions and reduce living-standard risk through time.

Research or Article Topics: 

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