Are older workers capable of working longer?
Disability-free life expectancy had been rising continuously in the United States until 2010,
suggesting working longer as a solution for those financially unprepared for retirement …
suggesting working longer as a solution for those financially unprepared for retirement …
The distributional implications of pension benefit indexation
TM Andersen, CML Jørgensen - The Scandinavian Journal of …, 2024 - Wiley Online Library
Socio‐economic differences in longevity have fuelled a debate on whether pension systems
have a regressive bias favouring groups with a high life expectancy. We show that the …
have a regressive bias favouring groups with a high life expectancy. We show that the …
Refundable income annuities: Feasibility of money-back guarantees
MA Milevsky, TS Salisbury - Insurance: Mathematics and Economics, 2022 - Elsevier
Refundable income annuities (IA), such as cash-refund and instalment-refund, differ in
material ways from the life-only version beloved by economists. In addition to lifetime income …
material ways from the life-only version beloved by economists. In addition to lifetime income …
[PDF][PDF] Longevity Risk: An Essay
Over the last century, life expectancy has increased significantly. This increase has
underscored the need for efficient retirement planning. Nevertheless, a key difficulty when …
underscored the need for efficient retirement planning. Nevertheless, a key difficulty when …
Can the Drawdown Patterns of Earlier Cohorts Help Predict Boomers' Behavior?
RL Siliciano, G Wettstein - Available at SSRN 3936006, 2021 - papers.ssrn.com
Past generations drew down their wealth slowly in retirement, leaving much of their savings
untouched. However, this pattern may not hold as the Baby Boomer generation retires …
untouched. However, this pattern may not hold as the Baby Boomer generation retires …
[PDF][PDF] How much do people value annuities and their added features?
K Arapakis, G Wettstein - 2023 - crr.bc.edu
A longstanding puzzle in the economics of insurance, household finance, and public policy
is why so few individuals annuitize their wealth. This paper describes results from a recent …
is why so few individuals annuitize their wealth. This paper describes results from a recent …
What matters for annuity demand: Objective life expectancy or subjective survival pessimism?
Objective life expectancy and subjective survival pessimism (defined as the difference
between objective and subjective life expectancy) may both affect the demand for annuities …
between objective and subjective life expectancy) may both affect the demand for annuities …
[PDF][PDF] Proposal for a comprehensive retirement insurance solution (CRIS) to mitigate retirement risk based on theory of change
The aim of the paper is to propose a new comprehensive retirement insurance solution
(CRIS) that, by offering appropriate modules, can be flexibly adapted to customers' needs …
(CRIS) that, by offering appropriate modules, can be flexibly adapted to customers' needs …
Robo Tontines
Robo advisors provide financial advice and manage investment portfolios, using online
software. However, they often do not give advice concerning the decumulation phase of …
software. However, they often do not give advice concerning the decumulation phase of …
Behavior of Canadian life annuity prices
N Charupat, MJ Kamstra - Journal of Pension Economics & Finance, 2024 - cambridge.org
We examine the behavior of Canadian life annuity prices by measuring how quickly and fully
they respond to changes in market interest rates. The price responses, though not …
they respond to changes in market interest rates. The price responses, though not …