Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 34 , 10 November 2023


Open Access | Article

Asset Allocation for Retirement: Strategies for Risk Management and Growth

Zihan Zhao * 1
1 Dalian University of Foreign Languages

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 34, 126-131
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Zihan Zhao. Asset Allocation for Retirement: Strategies for Risk Management and Growth. AEMPS (2023) Vol. 34: 126-131. DOI: 10.54254/2754-1169/34/20231690.

Abstract

The US ex-president Franklin D. Roosevelt once famously said the test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little. From the big picture, the aging problem has been or already slopped in many countries and regions. With the development of technology and healthcare, it is foreseeable to result in a longer lifetime and a healthier body, which should be good news for all human beings. However, the collateral costs are also unavoidably rising. By 2050, it is projected that one in six people in the world will be over the age of 65. This shift in demographics will have far-reaching social, economic, and political implications. Policies, like Social Security, National Pension System, National Insurance Scheme, etc., are all implemented based on the current economic environment, more to the point, the world is in a state of flux, and linear increment can never produce the order of magnitude achievements. To achieve real financial freedom, technical asset allocation may be a bite of the cherry, by financially operating retirement planning by almost any measure, can help to identify and mitigate more potential risks, achieve retirement goals and secure a financial future.

Keywords

retirement plans, pension, investment strategies

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-089-9
ISBN (Online)
978-1-83558-090-5
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/34/20231690
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated