Any investment portfolio, including a 401(k), IRA, or after-tax brokerage account, should be rebalanced over time to keep it aligned with your desired asset allocation. Setting an asset allocation is key to proper diversification and risk management, tailored to your age, financial goals, and tolerance for volatility. This free Portfolio Rebalance tool lets you enter the current values of your investments and your desired asset allocation, and it calculates the adjustments needed to realign your individual investment values with your desired allocation. Rebalancing and asset allocation using this spreadsheet are covered in “What Would Dad Do? Volume 2 - The Middle Years”.

Requires the Excel, LibreOffice, or OpenOffice application. The spreadsheet-formatted files are provided at the download link emailed after checkout.