Self-Annuitization, Consumption Shortfall in Retirement and asset Allocation: the Annuity Benchmark

The present paper considers a retiree of a certain age who is endowed with a certain amount of wealth and is facing alternative investment opportunities. One possibility is to buy a single premium immediate (participating) annuity-contract....

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Year of publication:	2002-05-01
Authors:	Albrecht, Peter ; Maurer, Raimond
Publisher:	Universität <Mannheim> / Lehrstuhl für Allgemeine Betriebswirtschaftslehre, Risikotheorie, Portfolio Management und Versicherungswirtschaft
Subject:	Ruhegehalt \| Rentenversicherung \| Wertpapierportefeuille \| Liquidität \| Verbrauch

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Extent:	84992 bytes 29 p. application/pdf
Series:	Universität Mannheim - Lehrstuhl für Allgemeine Betriebswirtschaftslehre, Risikotheorie, Portfolio Management und Versicherungswirtschaft Mannheimer Manuskripte zur Risikotheorie, Portfolio Management und Versicherungswirtschaft ; 2002, 138 Journal of Pension Economics and Finance
Type of publication:	Book / Working Paper
Language:	English
Classification:	Pay salaries and social benefits ; Management of insurance ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005842133