Why Cruise Control Doesn't Work in Retirement Planning

Asset allocation — the percentages of your portfolio that you hold in different types of investments— is critical to investing success. A well-designed asset allocation that is adjusted periodically for changing circumstances can significantly reduce risk and increase returns. Yet too many investors somehow believe it's a good idea to design their allocations using a tired old template and then let them languish. This approach can easily result in disappointing returns because it doesn't...Full Story