What age does Dave use in the demo to apply the allocation change?

Name: Demo | How to model a planned investment portfolio change
Uploaded: 2021-11-16T23:57:32+00:00
Duration: 1 min 14 s
Channel: Steve Chen
Description: Dave walks through NewRetirement's UI to model when your portfolio gets less aggressive. Open Accounts & Assets, pick an account, edit it, choose "Model…

Steve ChenFounder and CEO, Boldin · Boldin Founder & CEO

Demo | How to model a planned investment portfolio change

16 Nov 2021 · 1 min

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1:14

Dave walks through NewRetirement's UI to model when your portfolio gets less aggressive. Open Accounts & Assets, pick an account, edit it, choose "Model a rate change in the future," set the age (he uses 65), switch to a conservative allocation, and watch your plan update.

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Hello DAV with new retirement here with a demonstration on how to model a change to asset allocation over time. You may wish to do so to model your decreased risk tolerance as you age or alternatively to model taking on a more aggressive portfolio. Whatever the case may be, your first step is to open up accounts and assets and press on the savings section. Find the account you'd like to edit and press the pencil icon. Find model a rate change in the future and press on that. We'll first ask you what age you'd like to make the change. In my case, I'd like to change it at age 65. A quick tip, you can actually punch in a number here and more quickly find your age. I'll be going from a more aggressive to a less aggressive portfolio and once I am finished I'll press save. You'll see immediate updates in the plan updates, but as always, it's always good to dig around the insights and get more information into how this change just affected your plan. Thank you.