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Management of portfolio depletion risk through optimal life cycle asset allocation

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      <subfield code="a">Management of portfolio depletion risk through optimal life cycle asset allocation</subfield>
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      <subfield code="a">Members of defined contribution (DC) pension plans must take on additional responsibilities for their investments, compared to participants in defined benefit (DB) pension plans. The transition from DB to DC plans means that more employees are faced with these responsibilities. This article explores the extent to which DC plan members can follow financial strategies that have a high chance of resulting in a retirement scenario that is fairly close to that provided by DB plans. Retirees in DC plans typically must fund spending from accumulated savings. This leads to the risk of depleting these savings, that is, portfolio depletion risk.</subfield>
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      <subfield code="g">02/09/2019 Tomo 23 Número 3 - 2019 , p. 447-468</subfield>
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