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Traditional asset allocation for self-funded retirees may no longer work
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June 29, 2021 8.00pm
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With interest rates expected to stay low and sharemarket returns also expected to be lower over the next few years, traditional asset allocation for self-funded retirees may no longer work as well as it has in the past.
Asset allocation matters. Forget trying to pick a handful of shares in the hope they will outperform.
Provided a retiree is well diversified in mainstream investments, the performance of a portfolio mostly comes down to asset allocation.
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