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This Glide Path's Too Cold
The Principal Blog Link to more items from this source
Feb. 17, 2014

"In early years, when a participant has opportunity to ride out the market highs and lows ... it's important to assume this risk for the potential of greater earnings, to help overcome shortfall risk. With people living longer and retirement savings needed 20 or more years in retirement, a smaller -- but still meaningful -- allocation to equities near the target date may be necessary for the same reason."

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