This week, Mike Posey continues his Retirement Focus series on how to invest during retirement. In this installment, Mike discusses the asset allocation option, and its many variations found in the investment industry today. Asset allocation programs based on "Modern Portfolio Theory" (MPT) are among the most common investment strategies used today, primarily because MPT lends itself to computerization. However, the strategy is not without its critics, and individual allocations to the various asset classes can differ significantly among the various financial services industry players. You definitely need to read Mike's analysis so you can be fully informed when evaluating post-retirement asset allocation strategies....