Model Portfolio for Early Retirees in WSJ 10-5-2011

This model portfolio from ProVise Management Group was published in the Wall Street Journal 10-5-2011. In the scan the investment options VIG and MAPIX do not yet have 5yr market data and are represented by proxies PRDGX and EWS. Also, cash is represented by a Vanguard money market fund VPMXX.

The Model Portfolio for Early Retirees asset allocation produces an above average 5yr APR of 6.84% with a Sharpe ratio of 1.13 compared to the average 401k retirement plan. The US Government 401k (TSP) for the same 5yr period has a 5yr APR = 5.24% with a Sharpe ratio of 2.91. The Morningstar In-Retirement Conservative Model portfolio scanned 12-21-2010 has about the same 5yr performance as this Model Portfolio for Early Retirees but with different investment options.