Abstract

http://ssrn.com/abstract=1849983
 
 

Citations (1)



 


 



An Age-Based, Three Dimensional, Universal Distribution Model Incorporating Sequence Risk


Larry R. Frank Sr.


Academy of Financial Services; Better Financial Education; Certified Financial Planner Board (CFP)

John B. Mitchell


Central Michigan University - Department of Finance and Law

David M. Blanchett


affiliation not provided to SSRN

April 11, 2011


Abstract:     
The authors develop an Age-Based Three Dimensional Distribution Model that illustrates a retiree transition from early retirement into later retirement, including superannuated years for the long-lived who continue to survive. The model for this concept development simultaneously: 1) Establishes an age-based distribution model; 2) Incorporates current age life expectancy directly into the model; 3) Addresses survivorship into superannuated ages; 4) Addresses sequence risk to incorporate decisions due to market changes as the retiree ages.

Number of Pages in PDF File: 25

Keywords: Retirement Planning, Adjustable Withdrawal Rates, Sequence Risk, Probability of Failure, Expected Longevity

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Date posted: May 24, 2011  

Suggested Citation

Frank, Larry R. and Mitchell, John B. and Blanchett, David M., An Age-Based, Three Dimensional, Universal Distribution Model Incorporating Sequence Risk (April 11, 2011). Available at SSRN: http://ssrn.com/abstract=1849983 or http://dx.doi.org/10.2139/ssrn.1849983

Contact Information

Larry R. Frank Sr. (Contact Author)
Academy of Financial Services
La Crosse, WI 54601
United States
HOME PAGE: http://academyfinancial.org
Better Financial Education ( email )
300 Harding Blvd Suite 103D
Roseville, CA 95765
United States
916-303-7777 (Phone)
HOME PAGE: http://www.BetterFinancialEducation.com
Certified Financial Planner Board (CFP) ( email )
1700 Broadway
Suite 2100
Denver, CO 80290-2101
United States
John B. Mitchell
Central Michigan University - Department of Finance and Law ( email )
328 Sloan Hall
Mount Pleasant, MI 48859
989-774-3651 (Phone)
David M. Blanchett
affiliation not provided to SSRN ( email )
Feedback to SSRN


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