Wade Pfau, PhD, CFA, examines how Dimensional's Managed DC product works as a retirement-saving vehicle and provides income solutions based on life-cycle finance theory, as developed by Robert Merton, Nobel laureate and resident scientist at Dimensional.
This article contains the opinions of the author(s) and those interviewed by the author(s) but not necessarily Dimensional Fund Advisors or DFA Securities LLC, and does not represent a recommendation of any particular security, strategy or investment product. The opinions of the author(s) are subject to change without notice. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. This article is distributed for educational purposes and should not be considered investment advice or an offer of any security for sale. Past performance is not indicative of future results and no representation is made that the stated results will be replicated.