427 | Drawdown Strategies: Karsten vs. Fritz
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Are You Rebalancing Every Month?
Sally Kohn: You can't really assume that you will get say an inheritance or a life insurance payout right at the opportune time in a recession. So for example, what I assume in my simulation tool is that you actually rebalance every month and it's not because this is such a great assumption for the average retiree," she says. "If you do anything different from that monthly rebalancing, you don't really have consistently and reliably different results" If you are anywhere between say 60 and 80%, I mean, you're golden,. But everything else, in any either systematic or completely discretionary method, would deviate from that 70, 2010 over time.
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