Using Asset Allocation to Protect Spending in Retirement

11:15 AM - 12:15 PM
Pacific Ballroom 21/22

Retirement spending strategies typically assume a constant mix between stocks and bonds. However, this session will show how asset allocation can be used as a lever to help increase the likelihood of a successful dynamic spending policy. Learn about optimal portfolio and spending examples for retirees that are averse to a decline in expenses beyond a specified threshold, and discuss ways to implement these in practice.

Learning Objectives: 

  1. Review optimal portfolio and spending policies in retirement 
  2. Summarize the importance of asset allocation in dynamic spending policies 
  3. Analyze the effect of different preferences and risk exposures across individuals on chosen spending policies and asset allocations.