From the Field
How do you evaluate a glide path?
Glide path evaluation is not an easy task.
Kathryn Farrell, CFA, Portfolio Specialist
Adam Langer, CFA, Senior Quantitative Investment Analyst
James Tzitzouris, Ph.D., Director of Research, Retirement
Key Insights
  • In evaluating target date glide paths, T. Rowe Price looks at economic utility—their potential to satisfy investors’ retirement income and wealth preferences.
  • A numerical utility score means relatively little to most investors. So our model generates metrics that measure possible retirement outcomes more directly.
  • We believe the metrics in our evaluation process make it easier for plan sponsors and investors to assess whether a glide path reflects their own preferences.

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This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action. This material does not provide fiduciary recommendations concerning investments or investment management.

The views contained herein are those of the authors as of April 2024 and are subject to change without notice; these views may differ from those of other T. Rowe Price associates.

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