RESEARCH

Last Updated 12.27.23

Below is a list of papers that I have either authored or co-authored that are working papers, currently under review for publication, accepted for publication, or published. I've also got a few other projects at the bottom of the page.  

I also write for Advisor Perspectives, ThinkAdvisor, and the Wall Street Journal.

Feel free to email me at david "dot" blanchett "at" pgim "dot" com if you can't access the paper here.

Working Papers

Blanchett, David. "Strengthening Core Menus to Get 401(k) Plans in Better Shape for Retirement." Coming Soon...

Blanchett, David and Jeremy Stempien. “A NonRandom Walk Towards More Efficient Portfolios.” Coming Soon…

Blanchett, David, Sonya Lutter, and Sandra Huston. 2023. “Using Confidence and Risk Tolerance to Build Financial Wellness” by.  Working Paper as of July 8, 2023. Available here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4658650

Blanchett, David. “Longevity Protection: A License to Access Savings in Retirement.” Coming Soon…

Blanchett, David and Jason Fichtner. “Biased Advice? The Relationship Between Financial Professionals’ Compensation and Social Security Retirement Benefit Claiming Decisions.” Retirement Management Journal.  Coming Soon…

Blanchett, David. “Tax Loss Harvesting: Check Your Frequency.” Coming Soon…

~ this paper received the “Best Research Award” at the Financial Planning Association 2023 Annual Conference (and was a selected presentation at the CFP Board’s Academic Research Colloquium). Learn more here: https://www.financialplanningassociation.org/press-room/releases-announcements/2023-best-research-award-journal-financial-planning.


Published/Completed/Accepted for Publication


Blanchett, David, Michael Guillemette, and Qi Sun. 2023. “Financial Advisor Compensation Structure and Client Equity Allocations.” Journal of Behavioral Finance. Published Online December 26, 2023.  Available here: https://www.tandfonline.com/doi/full/10.1080/15427560.2023.2294812.

Blanchett, David and Gabriel Richards. 2023. “Protected Modern Tontines: A New Approach to An Age Old Problem.” December. White paper for the Retirement Income Institute through the Alliance for Lifetime Income.  Available Here: https://www.protectedincome.org/wp-content/uploads/2023/12/RP-25_Blanchett_v2.pdf

Blanchett, David and Michael Finke. 2023. “Fixed Rate Annuities: Are High Returns An Anomaly?” Journal of Investment Consulting, vol. 22, no. 1: 63-69.

Liu, Zhikun, Michael Finke, and David Blanchett. 2023.”Professional Financial Advice and Investor Behavior During the COVID-19 Pandemic.” Financial Planning Review.  Published Online November 2, 2023. Available here: https://onlinelibrary.wiley.com/doi/abs/10.1002/cfp2.1172.

Blanchett, David and Branislav Nikolic. 2023. “Historical Pricing Variability in Immediate and Deferred Income Annuities.” Risk Management and Insurance Review, vol. 26, no. 2: 271-280.  Read a draft here: https://www.cannex.com/wp-content/uploads/2022/11/Historical-Pricing-Variability-in-Immediate-and-Deferred-Income-Annuities.pdf.

 

Blanchett, David. 2023. “Selection Considerations for Plan Sponsors When Including an Annuity in a Defined Contribution Plan.” July. White paper for the Retirement Income Institute through the Alliance for Lifetime Income.  Available Here: https://www.protectedincome.org/wp-content/uploads/2023/07/RP-22_Blanchett_v2.pdf

 

Blanchett, David. 2023. “Optimal FOMO Portfolios.” Investments and Wealth Monitor.  May/June: 8-13. Available here: https://investmentsandwealth.org/getattachment/5a739ce1-8a38-4832-9f0b-b64edffb421d/IWM23MayJun-Optimal-FOMO-Portfolios.pdf

Blanchett, David. 2023. “Regret and Optimal Portfolio Allocations.” Journal of Portfolio Management, vol. 49, no. 4: 143-154. Available here: https://www.pm-research.com/content/iijpormgmt/49/4/143

Blanchett, David. 2023. “Redefining the Optimal Retirement Income Strategy.” Financial Analysts Journal. vol 79, no. 1: 5-16.  Available here: https://www.tandfonline.com/doi/full/10.1080/0015198X.2022.2129947 

Blanchett, David and Zhikun Liu. 2023. "ESG Fund Allocations Among New, Do-it-Yourself Defined Contribution Plan Participants." Journal of Retirement. Forthcoming. Working Paper available here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4149885.

Blanchett, David. 2022. “Delaying Social Security Retirement Benefits: The Bridge to Better Outcomes in Defined Contribution Plans?” Working Paper as of December 29, 2022.  Access here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4296321 

Blanchett, David and Michael Finke. 2022. “Welfare Improvements from Default Annuitization in Defined Contribution Plans.” August. White paper for the Retirement Income Institute through the Alliance for Lifetime Income.  Available Here: https://www.protectedincome.org/wp-content/uploads/2022/08/RP-12_Blanchett-Finke_v3.pdf 

Blanchett, David. 2022. “Protected Lifetime Income Benefits: The Future of Longevity Protection. Investments and Wealth Monitor (November/December): 5-9. Access here: https://investmentsandwealth.org/getattachment/f45a8f1e-ab7e-4f40-80d7-afde18d9fb84/IWM22NovDec-Protected-Lifetime-Income-Benefits.pdf

Blanchett, David. 2022 "Protected Lifetime Income Benefits: The New Annuity in Town." Working Paper. Available here: https://prudential.assetserv.com/prudential/download/file?assetId=8305165&external=true.

Blanchett, David and Michael Finke. 2022. "Lifetime Income Guarantees Aren't Free. Understanding the Value of Lifetime Income Insurance." Working Paper.  Available here: https://www.protectedincome.org/wp-content/uploads/2022/08/IB-Blanchett-Finke_v1.pdf. 

Blanchett, David and Jeremy Stempien. 2022. "Spending Elasticity and Optimal Portfolios." Working Paper. Available here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4175484.

Blanchett, David, Michael Finke, and Zhikun Liu. 2022. "Save More with Less: The Impact of Employer Defaults and Match Rates on Retirement Saving." Financial Planning Review, vol. 5, no 4, e1152. https://onlinelibrary.wiley.com/doi/epdf/10.1002/cfp2.1152

Blanchett, David. 2022. "What Helped Participants Stay the Course in 2020?" Retirement Management Journal, vol. 11, no. 1: 23-32. Available here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4321906.

Blanchett, David. 2022. "401(k) Menus Aren't Retirement Ready." White Paper. Available here: https://www.pgim.com/investments/white-paper/401k-menus-arent-retirement-ready.

Blanchett, David. 2022. "The Shape of the Expected Equity Risk Premium." Journal of Investing. vol. 31, no. 6: 81-91.

Blanchett, David, Julie Varga, and Chris Weirath. 2022. "Gender Diversity Among Defined Contribution Plan Administrators and the Potential Impact on Retirement Outcomes." Journal of Retirement, vol. 9, no. 4: 61-72. 

Blanchett, David, Michael Finke, and Aron Szapiro. 2022. "Does Advisor Channel Influence Passive Fund Choice." Journal of Financial Planning, vol. 35, no. 4: 68-77.

Blanchett, David. 2022. "It’s Good to Have Options: The Potential Benefits of Allocating to Protected Wealth Strategies." White Paper.  Available here: https://www.protectedincome.org/wp-content/uploads/2022/02/ALI_RP-02_Blanchett-preFN_020822.pdf.

Blanchett, David. 2022. "Income Investing in a Low Yield Environment." Journal of Wealth Management, vol. 24, no. 3: 58-70.

Blanchett, David and Michael Finke. 2021. "Guaranteed Income: A License to Spend in Retirement." Working Paper. Available on SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3875802

Blanchett, David. 2021. "Into the Unknown: Best Practices for Return Assumptions in a Financial Plan." White Paper.  Link: https://www.pgim.com/white-paper/unknown

Blanchett, David. 2021. "Minding the Gap in Subjective Mortality Estimates." Journal of Retirement., vol. 9, no. 2: 8-20.

Duffy, Sophia, Michael Finke, and David Blanchett. 2021. "The Value of Delayed Social Security Claiming for Higher Earning Women." Journal of Financial Service Professionals, vol. 75, no. 5: 37.45.

~ this paper received first place in the Journal of Financial Service Professionals annual author award competition. Link.

Blanchett, David. 2021. "How to Estimate the End of Retirement." Journal of Financial Planning, vol. 34, no. 8: 88-99. Link.

Blanchett, David, Michael Finke, and Branislav Nikolic. 2021. "How Competitive Are Income Annuity Providers Over Time?" Risk Management and Insurance Review, vol. 24, no. 2: 207-214.

Blanchett, David, Tony Perrin, and Diana Velasquez. 2021. "Keep Keeping Your Distance: An Updated Look at 401(k) Participant Behaviors During the COVID-19 Crisis." Working Paper. View.

Liu, Zhikun and David Blanchett. 2021. "Focusing on Both Sides of the Balance Sheet: The Benefit of Liability Optimization." Financial Services Review, vol. 29, no. 2: 121-145. View.

Blanchett, David. 2021. "Do Advisors Improve 401(k) Plans." Journal of Retirement. Forthcoming.

Blanchett, David. 2021. "Foreign Revenue Exposure: A Whole New World of Risk." Journal of Portfolio Management, vol. 47, no. 6: 175-193. View.

~ this research received the “Best Research Award” at the 2020 FPA Conference (announced October 1, 2020)

Blanchett, David, Dan Bruns, and Sean Klock. 2021. "Out of Sight, but Not Out of Mind: Helping Remote Workers with Retirement Managed Accounts." White Paper. 

Blanchett, David and Warren Cormier. 2021."Right-Sizing Retirement: Exploring the Retirement Consumption Gap in Early Retirement," Journal of Financial Planning, vol. 34, no. 2: 68-81. View.

Blanchett, David. 2020. "The Benefit of Diversified Immediate Guaranteed Income for Retirees: Combining Fixed and Variable Annuities." Retirement Management Journal, vol. 9, no. 1: 23-36. View.

Blanchett, David. 2020. "The Value of Allocating to Annuities." Journal of Retirement, vol. 8, no. 1: 40-52. View.

Blanchett, David, Daniel Bruns, and Thomas Idzorek. 2020 "Stop Guessing 2.0: Extending the Framework, Using Participant Data to Select the Optimal QDIA." White Paper.  

Blanchett, David. 2020. "Keep Your Distance: 401(k) Participant Investment Behaviors (So Far) During the COVID-19 Crisis." White Paper. 

~ a version of this paper received the International Centre for Pension Management (ICPM) Research Award (announced September 23, 2020)

Blanchett, David, Daniel Bruns, and Thomas Idzorek. 2020 "The Default Investment Decision for PEPs: Personalization is Key." White Paper. 

Blanchett, David, Sarwari Das, Shwetabh Sameer, and Steve Wendel. 2020. "More Money, More Problems: How to Keep a Bigger Paycheck from Spoiling Retirement." Morningstar White Paper. 

Blanchett, David M. 2020. "Introducing the Longevity Portfolio." Journal of Financial Planning, vol. 33, no. 3: 34-45. View.

Blanchett, David M. and Daniel Bruns. 2020.  "Made to Stick: Which Target-Date Attributes Affect Default Investment Acceptance?" White Paper.

Blanchett, David M., Michael Finke, and James Licato. 2020 "Change is a Good Thing." Financial Analysts Journal, vol. 76, no. 1: 2-37. View.

Blanchett, David M. and Michael Finke. 2019. "Bigger is Better: Defined Contribution Menu Choices with Plan Defaults." White Paper. View.

Blanchett, David M. and Michael Finke. 2019. "Should Annuities Be Purchased with Tax-Sheltered Assets?" Journal of Financial Services Professionals, vol. 73, no 3.  View.

Blanchett, David M. 2019. "Mixed Target-Date Investors... Is There a Method to the Madness?" White Paper. View.

Blanchett, David M. and Michael Guillemette. 2019. "Do Investors Consider Nonfinancial Assets When Building Portfolios?" Financial Analysts Journal, vol. 75, no. 4: 124-142. View.

Blanchett, David M. and Daniel Bruns. 2019. "Which Default Investment is the Stickiest?" Morningstar White Paper. View.

Idzorek, Thomas and David M. Blanchett. 2019. "LDI for Individual Portfolios." Journal of Investing, vol. 28, no. 1: 31-54. View.

Blanchett, David M. 2019. "Financially Sound Households Use Financial Planners, Not Transactional Advisers." Journal of Financial Planning, vol. 32, no. 4: 30-40. View.

Blanchett, David M. 2019. "The Impact of Managed Accounts on Participant Savings and Investing Decisions."  White Paper. View.

Blanchett, David M. and Michael Finke. 2018. "Annuitized Income and Optimal Equity Allocation." Journal of Financial Planning, vol. 31, no. 11: 48-56. View.

Blanchett, David M. 2018. "Health Shocks and Subsequent Retiree Spending." Journal of Retirement, vol. 6, no. 1: 55-69.  View.

Guillemette, Michael, David M. Blanchett, and Michael Finke. 2018. "The Effect of Investment and Withdrawal Horizons on Myopic Loss Aversion." Applied Economics Letters.  View.

Blanchett, David M. 2018. "The Impact of Retirement Age Uncertainty on Required Retirement Savings." Journal of Financial Planning, vol. 31, no. 9: 36-45. View.

    ~ this paper received the 2019 Montgomery-Warschauer Award.

Blanchett, David M. 2018. "Does Age Impact Usage of Default Investments in Defined Contribution Plans?" White Paper.  View.

Blanchett, David M. and Paul Kaplan. 2018.  "Beyond the Glide Path: The Drivers of Risks in Target-Date Funds." Journal of Retirement, vol. 5, no. 5: 25-39. View.

Blanchett, David M., Michael Finke, and Michael Guillemette. 2018. "The Effect of Advanced Age and Equity Values on Risk Preferences." Journal of Behavioral Finance, vol. 19, no.4: 434-441.  View.

    ~ a version of this paper was named the best paper in Investments at the 2017 CFP Board Academic Research Colloquium 

Idzorek, Thomas, David M. Blanchett, and Dan Bruns. 2018. "Stop Guessing: Using Plan Participant Data to Select a QDIA." Morningstar White Paper.  View.

Blanchett, David M. and Paul Kaplan. 2018. "The Value of a Gamma-Efficient Portfolio." Journal of Retirement, vol. 5, no. 3: 32-56.  View.

  ~ this paper was named the best paper in Investments at the 2017 AFS Conference

Blanchett, David M. 2017. "The Default Investment Decision: Weighing Cost and Personalization." Morningstar White Paper.  View.

Blanchett, David M. 2017. "Save More Today: Improving Retirement Savings Using Advice, Sticks, and Nudges." Journal of Retirement, vol. 5, no. 1: 69-95.  View.

Blanchett, David M. and Paul Kaplan. 2017. "To Roll or Not to Roll: A Framework for Assessing the Benefit of IRA Rollovers." Journal of Retirement, vol. 4, no. 4: 84-94.  View.

Blanchett, David M. 2017. "The Impact of Guaranteed Income and Dynamic Withdrawals on Safe Initial Withdrawal Rates." Journal of Financial Planning, vol. 30, no. 4: 42-52.  View.

Blanchett, David M., Michael Finke, and Wade Pfau. 2017. "Planning for a More Expensive Retirement." Journal of Financial Planning, vol. 30, no. 3: 42  View.

Blanchett, David M. 2017. "The Home as a Risky Asset." Journal of Personal Finance, vol. 16, no. 1: 7-28.

Blanchett, David M., Daniel Bruns, and Nathan Voris. 2016. "Building Better Core Menus in the Age of Defaults: Be Wide, Not Deep." Morningstar White Paper. View.

Blanchett, David M., Daniel Bruns, and Nathan Voris. 2016. "The Impact of the Default Investment Decision on Participant Deferral Rates: Managed Accounts vs Target-Date Funds." Morningstar White Paper.  View.

Blanchett, David M. 2016. "Defaulting Participants in Defined Contribution Plans into Annuities: Are the Potential Benefits Worth the Costs?." Journal of Retirement, vol. 4, no. 1: 54-76.  View.

Blanchett, David M. and Philip Straehl. 2016. "Portfolio Implications of Job-Specific Human Capital." Journal of Asset Management.  Forthcoming. View.

Finke, Michael and David M. Blanchett. 2016. "An Overview of Retirement Income Strategies." Journal of Investment Consulting, vol. 16., no. 1: 22-30. View.

Blanchett, David M. and Thomas Idzorek. 2015. "The Retirement Plan Effectiveness Score: A Target Balance-Based Measurement and Monitoring System." Morningstar White Paper.

Blanchett, David M. 2015. "Exploring the Optimal Equity Allocation Path for Retirees." AAII Journal. December.  View.

Blanchett, David M. 2015. "Initial Conditions and the Optimal Retirement Glide Path." Journal of Financial Planning. Forthcoming. View.

Blanchett, David M. 2015. "Dynamic Choice and Efficient Retirement Income Strategies.” Journal of Retirement, vol. 3, no. 1: 38-49.  View.

Blanchett, David M., Jeremy Stempien, and Nathan Voris. 2015. “The Optimal Default for Defined Contribution Plans.” Morningstar White Paper. View.

Blanchett, David M. 2015. “Allocating to a Deferred Income Annuity in a Defined Contribution Plan.” Journal of Retirement, vol. 2, no. 4 (Spring): 54-68. View.

Blanchett, David M. 2015. “The Value of Goals-Based Financial Planning.” Journal of Financial Planning, vol. 28, no. 6: 42-50. View.

Blanchett, David M. and Hal Ratner. 2015. "Building Efficient Income Portfolios.” Journal of Portfolio Management, vol. 41, no. 3: 117-125. Link.

Blanchett, David M. and Philip U. Straehl. 2015. "No Portfolio is an Island.” Financial Analysts Journal, vol. 71, no. 3 (May/June). View.

    ~ this paper received the 2015 Graham and Dodd Scroll Award

Blanchett, David M. 2015. “Revisiting the Optimal Distribution Glide Path.” Journal of Financial Planning, vol. 28, no. 2 (January): 52–61. View.

Blanchett, David M. 2014 "The Impact of Expert Guidance on Participant Savings and Investing Behaviors." Morningstar White Paper. View.

Blanchett, David M. 2014. “Exploring the Retirement Consumption Puzzle.” Journal of Financial Planning, vol. 27, no. 5: 34–42. View.

    ~ this paper received the 2015 Montgomery-Warschauer Award

Blanchett, David M. 2014. “Addressing Key Retirement Risks.” Journal of Retirement.  vol. 2, no. 2 (Fall): 67-80. Link.

Blanchett, David M., Michael Finke, and Wade D. Pfau. 2014. “Optimal Portfolios for the Long Run." White Paper.  View.

Blanchett, David M. 2014. “Donation Risk and Optimal Endowment Allocations.” Journal of Portfolio Management, vol. 41, no. 1 (Fall): 109-120. Link.

    ~ the CFA Digest did a summary on the piece, you can find it here.

Blanchett, David M. 2014. "Determining the Optimal Income Annuity for Retirees: Immediate versus Deferred.” Journal of Financial Planning, vol. 27, no. 8: 36–44. View.

Blanchett, David M. and Nathan Voris.  2014. “Defining Retirement Success for Defined Contribution Plan Sponsors: Begin with the End in Mind.” Morningstar White Paper.  View.

Blanchett, David M. 2014. "Estimating the True Cost of Retirement." Morningstar White Paper. View.

Blanchett, David M. 2014. “Low Bond Yields and Efficient Retirement Income Portfolios.” Journal of Retirement. vol. 1, no. 3 (Winter): 49-62. Link.

Blanchett, David M., Michael Finke, and Wade D. Pfau. 2014. “Asset Valuations and Safe Portfolio Withdrawal Rates.” Retirement Management Journal, vol. 4, no. 1 (Spring): 21-34. View.

Blanchett, David M. 2013. “Better Expected Retirement Outcomes with Managed Accounts.” Morningstar White Paper. 

Blanchett, David M. and Paul Kaplan. 2013. “Alpha, Beta, and Now... Gamma.” Journal of Retirement, vol. 1, no. 2 (Fall): 29-45. View.

Blanchett, David M. 2013. “How Much is Your 401(k) Worth.” Journal of Personal Finance, vol. 12, no. 1: 46-70. View.

Blanchett, David M. 2013. “Simple Formulas to Implement Complex Withdrawal Strategies.” Journal of Financial Planning vol. 26, no.9 (September): 40-48. View.

Blanchett, David M. 2013. “Employer Stock Ownership in 401(k) Plans and Subsequent Company Stock Performance.” Morningstar White Paper. View.

Blanchett, David M., Michael Finke, and Wade D. Pfau. 2013. “Low Bond Yields and Safe Portfolio Withdrawal Rates.” Journal of Wealth Management, vol. 16, no. 2 (Fall): 55-62. View.

Blanchett, David M. 2013. “The ABCDs of Retirement Success.” Journal of Financial Planning, vol. 26, no. 5 (June): 38-45. View.

Blanchett, David M. 2013. “Are Active Mutual Funds Becoming Less Active? (Yes).” Journal of Indexes, vol. 16, no. 2 (March/April): 40-43. View.

Finke, Michael, Wade D. Pfau, and David M. Blanchett. 2013. “The 4 Percent Rule Is Not Safe in a Low-Yield World.” Journal of Financial Planning, vol. 26, no. 6 (June): 46-55. View.

    ~ this paper received the 2014 Montgomery-Warschauer Award

Blanchett, David M. 2013. “Examining the Benefits of Immediate Fixed Annuities in Today’s Low-Rate Climate.” Journal of Financial Planning, vol. 26, no 1 (January): 42-50. View.

Blanchett, David M. and Hal Ratner. 2013. "Efficient Income Investing." Journal of Indexes Europe, vol. 3, no. 1 (January/February): 18-25.  View.

Frank, Larry R., John B. Mitchell, and David M. Blanchett. 2012. “Transition Through Old Age in a Dynamic Retirement Distribution Model." Journal of Financial Planning, vol. 25, no.12 (December): 52-61. View.

Blanchett, David M. 2012. “Optimal Social Security Claiming Strategies.” Journal of Personal Finance. vol. 11, no. 2: 36-87. View.

Blanchett, David, Maciej Kowara, and Peng Chen. 2012. “Optimal Withdrawal Strategy for Retirement Income Portfolios.” Retirement Management Journal, vol. 2, no. 3 (Fall): 7-18. View.   

     ~ this paper was awarded RIIA's 2012 Thought Leadership Award

Blanchett, David M. 2012. “Optimal Portfolio Allocations with GMWB Annuities.” Journal of Financial Planning, vol. 25, no. 10. (October): 32-40. View.

Blanchett, David M. 2012.  “Saving For Retirement? Start by Paying Off Your Credit Cards.” Morningstar White Paper. View.

Blanchett, David M. 2012. “Inaccurate Precision: The Danger of Replacement Rate Calculations.” Morningstar White Paper. View.

Blanchett, David M. 2012. “Fund Flows, Momentum, and Mutual Fund Performance.” Journal of Investing. vol. 21, no. 2 (Summer): 83-91. View.

Frank, Larry R., John B. Mitchell, and David M. Blanchett. 2011. “Probability-of-Failure-Based Decision Rules to Manage Sequence Risk in Retirement.” Journal of Financial Planning (November): 44-53. View.

Blanchett, David M. 2011. “Target-Date Funds: A Temporary Solution to a Permanent Problem.”  Journal of Financial Planning, vol. 24 (September): 60-67. View.

Blanchett, David M. and Jason E. Grantz. 2011. “Retirement Success: A Surprising Look into the Factors that Drive Positive Outcomes.” The ASPPA Journal, vol. 41, no. 3 (Summer): 6-11. View.

Blanchett, David M. 2011. “The Expected Value of a Guaranteed Minimum Withdrawal Benefit (GMWB) Annuity Rider.” Journal of Financial Planning, vol. 24, no. 7 (July): 66-75. View.

Blanchett, David M. 2011. “The Impact of of Fund Flows on Fixed-Income Mutual Fund Performance.” Journal of Indexes, vol. 14, no. 4 (July/August): 28-31. Link.

Blanchett, David M. 2011. “Incorporating Time Into the Efficient Frontier.” Journal of Financial Planning, vol. 24, no. 5 (May): 48-57. View.

Blanchett, David M. 2011. “Is Buy and Hold Dead? Exploring the Costs of Tactical Reallocation.” Journal of Financial Planning, vol. 24, no. 2 (February): 68-75. View.

Blanchett, David M. 2011. “Index Investing in the Middle: Core vs Blend.” Journal of Indexes, vol. 14, no.1 (January/February): 36-39. View.

Blanchett, David M. 2011. ”Gaming the System: The Impact of Morningstar Category Changes on Peer Rankings.” Journal of Investing, vol. 20, no. 1 (Spring): 33-42. Link.

Blanchett, David M. and Gregory W. Kasten. 2010. “Improving Retirement Success by Managing the 'Target-Date'.” Journal of Pension Benefits, vol. 18, no. 2 (Winter): 11-18. View.  

Blanchett, David M. 2010. “Do Active or Passive Investors Make Better Asset Allocation Decisions.” Journal of Index Investing, vol. 1, no. 2 (Fall): 74-80. Link.

Blanchett, David M. and Gregory W. Kasten. 2010. “Improving the 'Target' in Target-Date Investing.” Journal of Pension Benefits, vol. 18, no. 1 (Autumn): 17-27.

Blanchett, David M. 2010. “Exploring the Cost of Investing in Socially Responsible Mutual Funds: An Empirical Study.” Journal of Investing, vol. 19, no. 3 (Fall): 93-103. Link.

Larry Frank, Sr. and David M. Blanchett. 2010. “The Dynamic Implications of Sequence Risk on a Distribution Portfolio.” Journal of Financial Planning, vol. 23 (June): 52-61.  Link.

Blanchett, David M. 2010. “Determining the Optimal Benchmark Indices for a Domestic Equity Returns-Based Style Analysis.”  Journal of Performance Measurement, vol. 14, no. 3 (Spring). Link.  

Blanchett, David M. 2010. “Which Indexes Generate Four Factor Alpha?” Journal of Indexes, vol. 13, no. 2 (March/April): 32-37.  View.

Blanchett, David M. 2009. “Results vs. Process: Analyzing the Future Benefit of Common Investment Policy Statement Provisions.” Journal of Financial Planning, vol. 22, no. 11 (November): 54-61. View.

Blanchett, David M. 2009. “Passive Overlap: Exploring Closet Indexers.” Journal of Indexes, vol. 12, no. 6 (November/December): 44-47. View.

Blanchett, David M. and Craig L. Israelsen. 2009. “Determining the Optimal Mutual Fund Style Classification Methodology.” Journal of Performance Measurement, vol. 13, no. 4 (Summer): 29-39.  View.

Blanchett, David M. 2009. “Do Larger Investors Make Better Investing Decisions.” Journal of Pension Benefits, vol. 16, no. 3 (Spring): 29-34.  View.

Blanchett, David M. and Larry Frank, Sr. 2009. “A Dynamic and Adaptive Approach to Distribution Planning and Monitoring.” Journal of Financial Planning, vol. 22, no. 4 (April): 52-66. View.

Blanchett, David M. 2009. “Portfolio Concentration and Mutual Fund Performance.” Journal of Indexes, vol. 12, no. 2 (March/April): 18-23. View.

Blanchett, David M. and Craig L. Israelsen. 2009. “Active vs. Passive: The Impact of Fees.” Journal of Indexes, vol. 12, no. 1 (January/February): 22-29.  View.

Blanchett, David M. and Brian C. Blanchett. 2008. “Joint Life Expectancy and the Retirement Distribution Period.” Journal of Financial Planning, vol. 21, no. 12 (December): 54-60.  View.

   ~ there was a summary of our article on planadviser.com, as well as an audio interview: View.

Blanchett, David M. and Brian C. Blanchett. 2008. “Data Dependence and Sustainable Real Withdrawal Rates.” Journal of Financial Planning, vol. 21, no. 9 (September): 70-84.  View.

Blanchett, David M. and Brian C. Blanchett. 2008. “The Wealth Effect and the Savings Gap.” Journal of Pension Benefits, vol. 15, no. 3 (Spring): 48-55.  View.

Blanchett, David M. and Gregory W. Kasten. 2008. “Why ETFs and 401(k)s Will Never Match .” Journal of Indexes, vol. 11, no. 4 (July/August): 34-40.  View.

   ~ this article prompted an interesting rebuttal from Darwin Abrahamson, as well as a counter from Greg and I: View.

Blanchett, David M. and Gregory W. Kasten. 2007. “Increasing the Probability of Retirement Success for 401(k) Participants with Equity Floor Investments.” Journal of Pension Benefits, vol. 15, no. 2 (Winter): 9-22. View.

Blanchett, David M. and Gregory W. Kasten. 2007. “Prudently Selected Index Mutual Funds are a Better Choice than ETFs for Most 401(k)s.” Journal of Pension Benefits, vol. 15, no. 2 (Winter): 37-48. View.

Blanchett, David M. 2007. “Dynamic Allocation Strategies for Distribution Portfolios: Determining the Optimal Distribution Glide Path.” Journal of Financial Planning, vol. 20, no. 12 (December): 68-81.  View.

     ~ this paper won the 2007 Journal of Financial Planning Call for Papers, called the Financial Frontiers Awards.  

Blanchett, Brian C. and David M. Blanchett. 2007. “Tracking Error and the Efficient Frontier.” Journal of Indexes, vol. 10, no. 6 (November/December): 31-41. View.

Blanchett, David M. and Craig L. Israelsen. 2007. “Spotlighting Common Methodological Biases in Active-Vs.-Passive Studies.” Journal of Financial Planning, vol. 20, no. 11 (November): 64-74.  View.

Blanchett, David M. 2007. “Optimal QDIAs: A Quantitative Analysis.” Journal of Pension Benefits, vol. 14, no. 4 (Summer): 15-22.  View.

Blanchett, David M. 2007. “The Perils of Portfolio Turnover.” Journal of Indexes, vol. 9, no. 3 (May/June): 34-39. View.

Blanchett, David M. 2006. “Roth 401(k)s are Wrong for Most 401(k) Participants: A Quantitative Analysis.” Journal of Pension Benefits, vol. 13, no. 2 (Winter): 20-28.  View.

Blanchett, David M. 2006. “Building the Best Index.” Journal of Indexes, vol. 8, no. 1 (January/February): 40-42. View.

MarketWatch

I am was a RetireMentor for Marketwatch...  until they shut it down.  You can see my old posts here.

Random

< note, I haven't updated this since 2008, so it's a bit dated... sorry! >

Chapter from the CFA Institute's Insights into the Global Financial Crisis titled "The History and Economics of Stock Market Crashes" I helped put it all together.  View.

“A New Approach to Finding the Efficient Frontier” by David M. Blanchett for The Kitces Report, released July 2008. View.

“ETFs are Wrong for 401(k)s” by David M. Blanchett, a guest column for the MoneyVoices section of Ignites!, released on July 3, 2008. View.

“Using a Distribution Glide Path” by David M. Blanchett, a guest column for the Retirement Watch section of Investment News, released on April 28, 2008.  View.

 

Business Lexington

< note, I haven't contributed to Business Lexington since 2008, so this is a bit dated too... sorry! >

“Oil, Onions, and Why Speculators are a Necessary Evil” by David M. Blanchett for Business Lexington, released on August 8, 2008. View.

“Are You Your Own Worst Investing Enemy” by David M. Blanchett for Business Lexington, released on June 13, 2008. View.

“Don't Count Your Chickens... Understand What Influences Portfolio Success” by David M. Blanchett for Business Lexington, released on January 4, 2008. View.

“When Investing, Be Prepared for Anything” by David M. Blanchett for Business Lexington, released on November 30, 2007. View.

“What Can Your 401(k) Do for You?” by David M. Blanchett for Business Lexington, released on November 2, 2007. View.

 

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Contact: david "dot" blanchett "at" pgim "dot" com