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Annuitization Versus Estate Creation
Creation At retirement, people face a choice between annuitization and self-management of liquid wealth ... provides longevity insurance at the cost of liquidity. This paper argues that the desire for liquidity is actually ...- Authors: Jeyaraj Vadiveloo, Charles I Vinsonhaler, Peng Zhou
- Date: Jan 2003
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Annuities
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Letters to the National Association of Insurance Commissioners Life/Health Actuarial Task Force Regarding the Development of the New Annuity Non-Forfeiture Law
Letters to the National Association of Insurance Commissioners Life/Health Actuarial Task Force Regarding ... Regarding the Development of the New Annuity Non-Forfeiture Law Letters to the national association of insurance ...- Authors: Roger K Wiard-Bauer
- Date: Jan 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Annuities
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Actuarial Research Clearing House 1998 VOL. 2 Some Recursive Formulas for Life Annuities
V0"+l)/m ~x+O,+l)Jm .v=O (2) We also derive the following recursive formulas for continuous and discrete ... 2. The Proofs As noted in problem 5.8 b [1, p. 151], we can prove formula (1) by using the integrating ...- Authors: Eric Seah, Ponniah Elancheran
- Date: Jan 1998
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Annuities