We discuss life-cycle finance theory, and how industry has implemented it as the foundation of most defined contribution (DC) investment strategies.
Our guest speaker, Zvi Bodie, argues that current industry practice is seriously flawed and advocates for a strategy that starts with matching assets to income goals. He explores the challenges around the popular assumption of ‘time diversification’ – that stocks are less risky in the longer-term.
Zvi Bodie, Professor Emeritus at Boston University, has a passion for increasing financial literacy. He is an independent educator, writer, speaker and consultant on finance and the financial system. He has published widely on pension finance and investment strategy in leading professional journals, and is best known for applying modern financial theory to life-cycle saving and investing.
To learn more about Zvi, visit his website.
