Regardless of income and age, best investment strategy is to diversify

(University of Missouri-Columbia) Michael O'Doherty, associate professor of finance in the Trulaske College of Business, developed a model to determine the optimal retirement savings decisions of households with access to both pre-tax and post-tax accounts. The model accounted for age, current income and taxable income from outside sources in retirement.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2oyV0al