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The asset allocation decision in retirement: lessons from dollar-cost averaging

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  • Vora, Premal P.
  • McGinnis, John D.

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  • Vora, Premal P. & McGinnis, John D., 2000. "The asset allocation decision in retirement: lessons from dollar-cost averaging," Financial Services Review, Elsevier, vol. 9(1), pages 47-63, 00.
    • Handle: RePEc:eee:finser:v:9:y:2000:i:1:p:47-63
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    References listed on IDEAS

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    1. Olivia S. Mitchell, 1999. "New Evidence on the Money's Worth of Individual Annuities," American Economic Review, American Economic Association, vol. 89(5), pages 1299-1318, December.
    2. Constantinides, George M., 1979. "A Note on the Suboptimality of Dollar-Cost Averaging as an Investment Policy," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 14(2), pages 443-450, June.
    3. Stephen K. McNees, 1987. "Forecasting cyclical turning points: the record in the past three recessions," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 31-40.
    4. James M. Poterba, 1997. "The History of Annuities in the United States," NBER Working Papers 6001, National Bureau of Economic Research, Inc.
    5. Ravi Jagannathan & Narayana R. Kocherlakota, 1996. "Why should older people invest less in stock than younger people?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 20(Sum), pages 11-23.
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    1. Karyl Leggio & Donald Lien, 2003. "An empirical examination of the effectiveness of dollar-cost averaging using downside risk performance measures," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 27(2), pages 211-223, June.
    2. Ivica Dus & Raimond Maurer & Olivia S. Mitchell, 2003. "Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities versus Phased Withdrawal Plans," Working Papers wp063, University of Michigan, Michigan Retirement Research Center.
    3. Kamphol Panyagometh, 2021. "Dynamic Spending and Risk-Based Simulation in Retirement Planning," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 11(4), pages 337-346, April.
    4. Lahey, Karen Eilers & Kim, Doseong, 2001. "Longitudinal changes in net worth by household income and demographic characteristics for the first three waves of the HRS," Financial Services Review, Elsevier, vol. 10(1-4), pages 55-73.
    5. Ivica Dus & Raimond Maurer & Olivia S. Mitchell, 2005. "Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities," NBER Working Papers 11271, National Bureau of Economic Research, Inc.
    6. Leggio, Karyl B. & Lien, Donald, 2001. "Does loss aversion explain dollar-cost averaging?," Financial Services Review, Elsevier, vol. 10(1-4), pages 117-127.
    7. Ramiah, Vikash & Xu, Xiaoming & Moosa, Imad A., 2015. "Neoclassical finance, behavioral finance and noise traders: A review and assessment of the literature," International Review of Financial Analysis, Elsevier, vol. 41(C), pages 89-100.
    8. Silvia Sörensen & Rachel L. Missell & Alexander Eustice‐Corwin & Dorine A. Otieno, 2021. "Perspectives on Aging‐Related Preparation," Journal of Elder Policy, John Wiley & Sons, vol. 1(2), pages 163-221, March.

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