Retirement portfolios : theory, construction, and management /

Retirement portfolio guidance for finance professionals. Retirement is one of the most important parts of the financial planning process. Yet only two percent of financial advisors describe themselves as competent in retirement planning. Constructing a retirement portfolio is viewed as a difficult e...

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Bibliographic Details
Main Author: Zwecher, Michael J., 1957-
Format: eBook
Language:English
Published: Hoboken, N.J. : Wiley, [2010]
Series:Wiley Online Library.
Wiley finance series.
Subjects:
Online Access:Connect to the full text of this electronic book

MARC

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245 1 0 |a Retirement portfolios :  |b theory, construction, and management /  |c Michael J. Zwecher. 
264 1 |a Hoboken, N.J. :  |b Wiley,  |c [2010] 
264 4 |c ©2010 
300 |a 1 online resource (xxi, 281 pages) :  |b illustrations 
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504 |a Includes bibliographical references and index. 
505 0 |a Retirement Portfolios: Theory, Construction, and Management; Contents; Preface; PART ONE: FRAMING THE PROBLEM; PART TWO: ADAPTING PORTFOLIOS FOR RETIREMENT INCOME; PART THREE: MANAGING PORTFOLIOS FOR RETIREMENT INCOME; PART FOUR: MAKING IT HAPPEN; APPENDIXES; Acknowledgments; Part One: Framing the Problem; Chapter 1: Portfolio Focus and Stage of Life; A "BALANCED" PORTFOLIO APPROACH MAY NOT LAST THROUGH RETIREMENT; RETIREMENT SAVING VERSUS RETIREMENT INCOME: AN ILLUSTRATION; PRODUCTS VERSUS SOLUTIONS; SUMMARY; Chapter 2: The Top-Down View; AN OVERVIEW OF ECONOMIC MODELS OF RETIREMENT INCOME; Chapter 9: Active Risk Management for Retirement Income Portfolios; STATIC EXAMPLE; THE VIEW FROM THE CAPITAL MARKETS LINE; RISK MANAGEMENT AND EXPECTED RETURNS; SIMPLE RULES: FOR PASSIVE AND ACTIVE RISK MANAGEMENT; AN INELEGANT BUT SIMPLE PLAN; HIGH-WATER MARK FLOORING; THE CUSHION; RISK RULES--PERIODIC REBALANCING; RISK RULES--MORE ACTIVE REBALANCING; CPPI AND VOLATILITY; TAXATION AND ACTIVE MANAGEMENT; LOCKING IN FLOORING: LONG END VERSUS SHORT END; A QUICK NOTE ON USABILITY, SCALABILITY, AND APPROACHES OTHER THAN LIABILITY MATCHING; PLAYING WITH FIRE IN A RETIREMENT INCOME PORTFOLIO. 
520 |a Retirement portfolio guidance for finance professionals. Retirement is one of the most important parts of the financial planning process. Yet only two percent of financial advisors describe themselves as competent in retirement planning. Constructing a retirement portfolio is viewed as a difficult endeavor, and the demands facing financial advisors responsible for this task continue to grow. The pressures are particularly intense due to events such as the financial crisis and oncoming rush of retiring baby boomers. It is imperative that financial advisors be equipped and ready to create appropriate retirement portfolios. That's why Michael Zwecher-a leading expert on retirement income-has created Retirement Portfolios 
588 |a Description based on print version record. 
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