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Michael Kitces: Traditional Retirement Investment Strategy Is Wrong

FYI: Michael Kitces thinks the investment strategy most advisers use to manage retirees' assets is wrong.

Traditional thinking is to make portfolios more conservative as clients age, moving away from stocks and into bonds to protect assets. Speaking on a panel at the InvestmentNews​ Retirement Income Summit, Mr. Kitces said there really isn't any data supporting this rule-of-thumb.
Regards,
Ted
https://www.google.com/search?source=hp&ei=apveXICPK4iGsQXl-ZCgDQ&q=Michael+Kitces+says+traditional+retirement+investment+strategy+is+wrong&oq=Michael+Kitces+says+traditional+retirement+investment+strategy+is+wrong&gs_l=psy-ab.12...3077.3077..4395...0.0..0.75.146.2......0....2j1..gws-wiz.....0.sraGV4s-_wY
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