Guarding Retirees From Interest Rate Risk With The Help Of CoRI

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Pfau, Wade D., PhD
retirement; retirement income planning; finance; financial planning; Finance and Financial Management
article description
Last time, we discussed how DFA's target-date retirement income funds can help guard retirees from interest rate risk. Today, I want to look at another example of a bond fund used as a safeguard against interest rate risk: BlackRock’s series of CoRI Retirement Indices.