Michael Kitces: How Higher Yields Affect Asset Allocation and Retirement Planning

<p>Today on the podcast, we welcome back financial planning guru and Michael Kitces. I recently had the chance to catch up with Michael to get his take on asset allocation, specifically whether higher yields should have an impact on where investors hold their money. Today’s podcast is a recording of that conversation. Michael is the head of planning strategy for Buckingham Strategic Wealth, co-founder of XY Planning Network and AdvicePay and is the chief financial planning nerd—and yes, that’s his real title—for the advisor education platform <a href="http://kitces.com/" target="_blank">Kitces.com</a> and the Nerd’s Eye View blog. You can follow him via Twitter @MichaelKitces or on LinkedIn.</p><p>Background</p><p><a href="https://www.linkedin.com/in/michaelkitces/" target="_blank">Bio</a></p><p><a href="https://www.xyplanningnetwork.com/" target="_blank">XY Planning Network</a></p><p><a href="https://advicepay.com/" target="_blank">AdvicePay</a></p><p><a href="https://buckinghamstrategicwealth.com/people/michael-e-kitces-msfs-mtax-cfp-clu-chfc-rhu-rebc-casl" target="_blank">Buckingham Strategic Wealth</a></p><p><a href="https://www.kitces.com/" target="_blank">Kitces.com</a></p><p><a href="https://twitter.com/MichaelKitces/status/1111309614904168449?lang=en" target="_blank">@MichaelKitces</a></p><p>Investing Safe Assets</p><p>“<a href="https://www.morningstar.com/articles/1150465/where-should-investors-stash-their-safe-money-today">Where Should Investors Stash Their Safe Money Today?</a>” Video interview with Michael Kitces and Christine Benz, <a href="http://morningstar.com/" target="_blank">Morningstar.com</a>, April 19, 2023.</p><p>“<a href="https://www.thinkadvisor.com/2023/04/20/kitces-the-3-types-of-client-cash-and-where-to-park-it/" target="_blank">Kitces: Where to Park 3 Types of Client Cash</a>,” by Dinah Wisenberg Brin, <a href="http://thinkadvisor.com/" target="_blank">thinkadvisor.com</a>, April 20, 2023.</p><p>“<a href="https://www.kitces.com/blog/cash-management-rising-interest-rates-inflation-swee