PT - JOURNAL ARTICLE AU - Javier Estrada TI - Global Asset Allocation in Retirement: <em>Buffett’s</em> <br/> <em>Advice and a Simple Twist</em> AID - 10.3905/jor.2016.4.2.054 DP - 2016 Oct 31 TA - The Journal of Retirement PG - 54--69 VI - 4 IP - 2 4099 - https://pm-research.com/content/4/2/54.short 4100 - https://pm-research.com/content/4/2/54.full AB - Warren Buffett has consistently advised investors to follow a simple approach, diversifying broadly and minimizing costs. In fact, he recommended that the trustee who will manage his wife’s bequest stick to a simple 90/10 stock/bond portfolio. Is this a sensible strategy for retirees in general? Can it be tweaked slightly to yield better results? The overall evidence from 21 countries over a 115-year period suggests that the answer to both questions is yes.TOPICS: Retirement, portfolio construction