Research on the Retirement Strategy Based on the Characteristics of Asset Class
DOI:
https://doi.org/10.54691/bcpbm.v31i.2591Keywords:
Asset classes, retirement planning, time horizon, spending habit, diversification.Abstract
The distribution of asset classes continues to draw attention from the general public, and available statistics show that prospective retirees frequently make costly mistakes when handling their retirement plans [1]. Therefore, this paper analyses and describes retirement plans and incorporates the attributes of asset classes with retirees' individual conditions to build retirement strategies. This paper mainly studies five investment asset classes, identified as cash asset, credit asset, property, equities, and alternative assets, whose performances are different in risk, yield and liquidity. Due to these varied features and characteristics of the various asset classes, time horizons, spending habits, and diversions may affect asset allocation in retirement investing plans. This paper examines retirement planning through the perspective of asset classes. In terms of practical application, the significance of this study lies in its potential to offer investment guidance to social retirees, and it conceptually increases the research literature on the subject of the asset allocation of investment plans.
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