11/20/2014 – Loading up on stocks — after you retire

Should you invest more in stocks as you age?

Conventional wisdom would have you reduce the percentage of your nest egg you invest in stocks over the course of your retirement. The old rule of thumb went something like this: Subtract your age from 100 and that’s what percent to invest in stocks. Wade Pfau, a professor of retirement income at The American College, and co-author of early research on the subject suggests that what’s best for retirees is to use what’s called a rising equity “glide path” (instead of using the more traditional approach, a declining equity glide path).

Read the full article at MarketWatch.