Several factors contribute to retirement planning success, including asset allocation, rebalancing and fund selection.
What’s the biggest determinant of retirement planning? It’s not asset allocation or rebalancing, according to a recent study.
The long holiday weekend may be a good time to do some financial housekeeping, and that might include rebalancing your investment portfolio if it’s in a tax-advantaged account such as a 401(k) or IRA. Rebalancing means resetting your investments to match your original asset allocation plan. For instance, imagine a hypothetical scenario in which someone