Description: This paper suggests that individual decisions to retire are based on personal resource allocations, institutional influences, and social standards. The paper then attempts to create a decision-making framework in which to accommodate this range of influences. From Retirement Needs Framework, M-RS00-1.

Description: Symposium session on Emerging Definitions of Retirement.

Description: Symposium overview. From Retirement Needs Framework, M-RS00-1.

Description: In this paper we compute the conditional and unconditional probability of ruin for an individual who wishes to consume a fixed periodic amount from an initial endowment invested in a portfolio earning a stochastic rate of return. From Retirement Needs Framework, M-RS00-1.

Description: This paper presents an approach to analyzing continuing care retirement community [CCRC] data, and demonstrates the methods using data from a large CCRC. It is assumed that residents make transitions among a number of states that represent the levels of care required by residents. There is randomness associated with both the transition times and the states entered at these times. The model is conveniently characterized in terms of transition intensity functions, which represent the instantaneous rates of transition between pairs of states.

Description: Presented at the Living to 100 Symposium, January 2011. This paper looks at issues with regard to long life and managing risk by individuals. It focuses on how structuring of payouts interacts with issues related to long life, and also discusses cash benefits and health-related benefits.

Description: This paper suggests that two opposing pressures are at work in the United States. One is the limit to the number of retired adults that the nation can support. The other is the growing diversity of needs and desires of older people and employers. These two opposing pressures will frame the issues of the future.

Description: Transcript of General Session 1:Implications of Longer Life Spans: What Does This All Mean to Us?

Description: This study addresses some aspects of the financial impact on women under the Social Security benefits reform or redistribution.

Description: This presentation concentrates on the regression analysis of three waves of data 2001, 2003, and 2005 from the Consumption and Activities Mail Survey CAMS. The CAMS collects consumption data from a random subset of respondents in the Health and Retirement Study HRS . The HRS is a nationally representative sample of persons who were aged 51 to 61 in 1992 and their spouses or partners. The survey is longitudinal in nature, with the baseline interview conducted in 1992 and subsequent waves occurring every two years. [Comments on long-term care needs and reverse mortgages will be offered at oral presentation without quantitative data.] From 'Needs and Spending in Retirement: Unraveling the Mystery' Symposium, Washington, D.C. October 2007.