Ikääntyneiden varallisuus ja sen muuttaminen kulutukseksi

Niku Määttänen and Tarmo Valkonen

No 1141, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: We study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings model to study which kind of households in Finland would benefit the most from life annuities.

Keywords: equity release; taxation; life annuities (search for similar items in EconPapers)
Pages: 40 pages
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:rif:dpaper:1141

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