Advances in Retirement Investing

ISBN-13: 9781108926621 / Angielski / Miękka / 2020 / 75 str.

Lionel Martellini; Vincent Milhau

Opis

To supplement replacement income provided by Social Security and employer sponsored pension plans, individuals rely on their saving and investment choices during accumulation. Once retired, they must decide which rate to spend their savings. This Element explains how financial engineering and risk management techniques can help in these decisions.

Spis treści

1. Introduction; 2. Why retirement investing matters; 3. The decumulation problem: how to annuitize?; 4. Retirement bonds and their usage; 5. Improving accumulation products; 6. Applying risk­budgeting techniques in retirement investing; 7. Conclusion: the future of retirement investing.