Retirement Portfolio Resilience Perspective
Primary Pillar: Retirement Portfolio Construction
Supporting Pillars: Sequencing Risk Awareness • Behavioural Survivability • Risk Pricing Discipline • Resilience Across Market Environments
This article presents the Retirement Portfolio Resilience Framework and provides a comprehensive overview of the principles that underpin Retirement Portfolio Resilience.
It defines Retirement Portfolio Resilience as the discipline of helping investors remain financially and emotionally invested throughout their retirement journey, regardless of the path markets take. The framework explains the retirement-specific challenges of sequencing risk, behavioural survivability and resilience across market environments, and introduces the Five Pillars of Retirement Portfolio Resilience Assessment as a practical framework for understanding, assessing and implementing Retirement Portfolio Resilience.
The accompanying diagrams and assessment framework illustrate how Retirement Portfolio Resilience may complement broader retirement portfolio construction by helping investors, advisers and researchers evaluate retirement-specific challenges and the complementary portfolio functions that may be required throughout the retirement journey.
This framework paper provides the foundation for the research, educational articles and practical insights contained throughout the Retirement Portfolio Resilience Knowledge Centre.
