https://www.milantorres.com Asset allocation analysis: 60/40 portfolios, target date funds, bond ladders, term premium, and chart construction. By Milan Torres. en-us © 2026 Milan Torres. Working thoughts, not advice. Mon, 11 May 2026 23:08:40 +0000 Mon, 30 Mar 2026 12:00:00 +0000 https://www.rssboard.org/rss-specification milantorres-rss-builder/1.0 rss@milantorres.com (Milan Torres) rss@milantorres.com (Milan Torres) https://www.milantorres.com/asset-allocation?utm_source=rss&utm_medium=asset-allocation-feed#60%2F40 https://www.milantorres.com/asset-allocation#60%2F40 Mon, 30 Mar 2026 12:00:00 +0000 asset-allocation Powell at Harvard 3/30/26 on fat tails; Wapner on CNBC 3/30/26 calling it the 60/40's worst month since 2022. Comparison of 2020 and 2025 target date funds (Fidelity, JPM, American Funds, Vanguard, BlackRock, T. Rowe Price) across 2022 and YTD 2026. Bond ladders may better address sequence-of-returns risk than diversified bond funds during distribution; Bengen's 4% rule depended on bonds doing their job. Milan Torres https://www.milantorres.com/asset-allocation?utm_source=rss&utm_medium=asset-allocation-feed https://www.milantorres.com/asset-allocation Fri, 27 Mar 2026 12:00:00 +0000 asset-allocation Term premium on the 10-year zero coupon bond from above 2% in the early 1990s, going negative in 2020, currently 0.72% as of 3/27/26. Source: Federal Reserve Board three-factor nominal term structure model via FRED series THREEFYTP10. Milan Torres