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New research by Luke Delorme, who is a research fellow at the American Institute for Economic Research, confirms the results of a prior study by Wade Pfau and Michael Kitces that maintains that retirees may be well served by gradually increasing their equity allocations over time. So reports the Journal of Financial Planning.

The results run contrary to the common belief that retirees should either maintain a static and conservative asset allocation or gradually increase their exposure to non-equity assets over time.

Read the full article from the Journal of Financial Planning.

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