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Optimal Assets Allocation and Annuitization Timing Post-Retirement
retire, purchasing the annuity insurances using their retirement fund is one way against the longevity risk ... risk. However, it has some shortcoming- the annual payment may be insufficient for daily life consumption ...- Authors: HONG-CHIH HUANG, Yung-Tsung Lee, Yi Ping Hsu
- Date: Jan 2010
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Topics: Pensions & Retirement>Retirement risks