Part 1/11:
Beyond the Status Quo: A Critical Examination of Life Cycle Investment Advice
In 2025, a provocative paper titled Beyond the Status Quo: A Critical Assessment of Life Cycle Investment Advice emerged, suggesting that investors should hold globally diversified, 100% stock portfolios throughout their entire lives, including during retirement. This bold claim has naturally resulted in intense criticism from various experts in the fields of portfolio management and financial planning. However, despite its controversial position, I find this paper's methodology and findings to be insightful and worthy of consideration.