Results 111 to 120 of about 8,384 (230)
Exploring Multivariate Copula Models and Fuzzy Interest Rates in Assessing Family Annuity Products
JTAM (Jurnal Teori dan Aplikasi Matematika)This research explores the development of a reversionary annuity product transformed into a family annuity covering three individuals: husband, wife, and children.
Kurnia Novita Sari +4 more
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, 1969 A variable annuity, as distinguished from a fixed annuity, provides monthly payments based on the value of units which fluctuate to reflect the investment results of the equity securities used to fund the annuity.
Close, Cherry L.
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Hybrid retirement strategy in South Africa
South African Journal of Economic and Management SciencesBackground: Many retirees in South Africa face the challenge of either outliving their retirement savings or living below their means. Studies suggest a ‘safe’ withdrawal rate of between 4% and 5%, which is below the average fund size-weighted drawdown ...
Andries J. van Niekerk +2 more
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Rational and Behavioral Perspectives on the Role of Annuities in Retirement Planning [PDF]
This paper discusses the role of annuities in retirement planning. It begins by explaining the basic theory underlying the individual welfare gains available from annuitizing resources in retirement.
Jeffrey R. Brown
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Life is Cheap: Using Mortality Bonds to Hedge Aggregate Mortality Risk [PDF]
Using the widely-cited Lee-Carter mortality model, we quantify aggregate mortality risk as the risk that the average annuitant lives longer than is predicted by the model, and we conclude that annuity business exposes insurance companies to substantial ...
Leora Friedberg, Anthony Webb
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Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities versus Phased Withdrawal Plans [PDF]
How might retirees consider deploying the retirement assets accumulated in a defined contribution pension plan? One possibility would be to purchase an immediate annuity.
Raimond Maurer +2 more
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Accounting for non-annuitization [PDF]
Why don't people buy annuities? Several explanations have been provided by the previous literature: large fraction of preannuitized wealth in retirees' portfolios; adverse selection; bequest motives; and medical expense uncertainty.
Svetlana Pashchenko
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Evaluation оf Loan – Models оf Variable Principal Repaid
Acta Economica, 2007 In this paper is presented the account of evaluation of loan for case when the loan is amortized of variable principal repaid. It is presented two cases: a) the account of evaluation of loan after the t-th payment of annuity and b) the account of ...
Миливој Крчмар, PhD
doaj
Retirement Annuity Design in an Inflationary Climate [PDF]
This paper examines the tilt and risk-return characteristics of real retirement incomes provided by variable annuities tied to bills, long-term bonds, stocks and a mixed portfolio which combines all three.
James E. Pesando, Zvi Bodie
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What matters in the annuitization decision? [PDF]
Swiss J Econ Stat, 2022 Abou Daya MH, Bernard C.
europepmc +1 more source