Financing Retirement
William Sharpe
Chapter Chapter 10 in Economics for the Curious, 2014, pp 141-158 from Palgrave Macmillan
Abstract:
Abstract Why should you be interested in the subject of financing retirement when you haven’t even started your working career? For two reasons. First, you will almost certainly receive some retirement income from a social (government) policy designed to provide a minimum standard level of living. You should understand the issues associated with such programs as both a participant and a citizen. Second, you will probably need to save and invest a considerable part of your earnings in order to provide the overall standard of retirement living you would like. The more you know about this subject, the better.
Keywords: Real Return; Nominal Interest Rate; Capital Asset Price Model; Retirement Income; Index Fund (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38359-4_11
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DOI: 10.1057/9781137383594_11
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