As retirement approaches, it is important to estimate how much income you will need to flourish in your golden years. For most people, Social Security and pension income are not enough to live comfortably. A portion of your retirement income must come from personal investment of savings. Asset Allocation refers to the way in which you divide your retirement portfolio among stock, bond, and cash investments. It matters because how you allocate your assets is the main determinant of long-term returns on those assets.

The following protfolios