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The Happiness Hedge
The Happiness Hedge This article helps illustrate that a guaranteed income stream in retirement ... guaranteed income product (SPIA or GLWB) is a direct hedge of longevity risk. The longer an annuitant ...- Authors: Douglas Robbins
- Date: Aug 2020
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
- Publication Name: Product Matters!
- Topics: Annuities; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Retirement risks; Pensions & Retirement>Post retirement risks
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Drawing Appropriate Statistical Inferences
yet, if I'm doing the sort of testing where I only care about the 95th percentile, my odds go from 1/e ... going to work out with my sampling. If you only care about the 90th percentile, it's (1/e)^10, and the ...- Authors: Douglas Robbins
- Date: Sep 2003
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Modeling & Statistical Methods; Modeling & Statistical Methods>Stochastic models