Asset Allocation and the Transition to Income: The ...

The Importance of Product Allocation in the Retirement Risk Zone By: Moshe A. Milevsky1 and Thomas S. Salisbury September 27, 2006 Abstract: As Canadians transition from years of saving and wealth accumulation to generating cash-flow and income in retirement, they must voyage through a fragile period in which poor investment returns can devastate ................
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