Distinguishing 'To' and 'Through' with Target Date Style Indices
12 Pages Posted: 10 Aug 2012
Date Written: August 9, 2012
A two-factor model measuring de-risking policy and equity exposure approaching retirement provides a robust framework for distinguishing To and Through target date styles.
Keywords: Target Date Fund, Retirement, Longevity risk
JEL Classification: G11, G23
Suggested Citation: Suggested Citation