Comparing retirement investing with fixed and life-cycle funds using a variety of asset classes

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Authors
Drinville, Trevor
Advisor
Cline, Kelly
Editor
Date of Issue
2021
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Title
Comparing retirement investing with fixed and life-cycle funds using a variety of asset classes
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Presentation
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Abstract
There are many different studies that both reinforce and discourage the use of life-cycle funds for retirement investing, but a majority of these studies only look at life-cycle funds that include the three main asset classes, which are stocks, bonds, and cash. This study compares fixed funds, four different types of life-cycle funds, and the use of three other non-traditional asset classes in the life-cycle funds. The three non-traditional classes which we add to the study are real estate, commodities, and high yield bonds. We evaluate these different portfolios based on the average rate of return and their level of risk, by conducting random simulations based on historical data.
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Mathematics