Retirement Investing
Glide Path
Definition
What is Glide Path?
A planned change in asset allocationThe percentage of a portfolio invested across asset classes such as cash, bonds, shares, and property. as a target date approaches or passes.
Example in practice
How This Looks in Practice
The retirement portfolioThe complete collection of investments owned by an investor or managed under one mandate. gradually reduces equity exposure after age 55.
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Related Terms
Retirement Investing
Withdrawal Rate
Annual portfolio withdrawals divided by the portfolio's starting or current value.
Retirement InvestingSafe Withdrawal Rate
An estimated withdrawal rate intended to support spending over a long retirement under stated assumptions.
Retirement InvestingSequence-of-Returns Risk
The risk that poor returns early in a withdrawal period cause lasting portfolio damage.
Estate PlanningEstate
The property, investments, rights, and obligations left by a person at death.