LIFE ANNUITIES
Franck Nicolas
Chapter 10 in Investment Strategies for Retirement, 2019, pp 273-290 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
For a married couple aged 65 there is now a 50 percent chance that at least one spouse will live to age 94 and a 10 percent chance that one will live to 104. One drawback to a longer life is the greater possibility of outliving our savings — all the more reason to develop a retirement income strategy designed to last a longer lifetime…
Keywords: Retirement Investment Strategies; Pension Financing; Retirement Planning; Personal Finance; Retirement Savings; Asset Management (search for similar items in EconPapers)
JEL-codes: D14 J13 (search for similar items in EconPapers)
Date: 2019
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