This article presents the initial stages of a new evaluation framework for choosing among retirement income strategies. The investigation includes eight retirement income strategies: constant inflation-adjusted withdrawal amounts, a constant withdrawal percentage of remaining assets, a...

The race is on to build frameworks to evaluate retirement income strategies for clients facing various post-retirement circumstances. Retirement income planning is a complicated process in which clients must balance competing tradeoffs (maximize spending, protect from income shortfalls, leave a...

In recent years, investment portfolio selection is growing in importance for many emerging market pension funds, as pension reforms replace traditional pay-as-you-go systems with advanced funding systems. Various investment regulations are applied to the funded pensions, particularly in the form...