Abstract

http://ssrn.com/abstract=260628
 
 

References (15)



 
 

Citations (3)



 


 



Retirement Investing: A New Approach


Zvi Bodie


Boston University - Department of Finance & Economics

February 2001

Boston University School of Management Working Paper No. 2001-03

Abstract:     
This paper proposes a new approach to investing for retirement that takes advantage of recent market innovations and advances in finance theory to improve the risk/reward opportunities available to individual investors before and after retirement. The approach introduces three new elements:

- It uses inflation-protected bonds to hedge a minimum standard of living after retirement.

- It takes account of a person's willingness to postpone retirement.

- It uses option "ladders" to lever growth in retirement income.

Number of Pages in PDF File: 12

Keywords: Inflation-protected bonds, flexible retirement, option ladders

JEL Classification: D91, G11


Open PDF in Browser Download This Paper

Date posted: February 19, 2001  

Suggested Citation

Bodie, Zvi, Retirement Investing: A New Approach (February 2001). Boston University School of Management Working Paper No. 2001-03. Available at SSRN: http://ssrn.com/abstract=260628 or http://dx.doi.org/10.2139/ssrn.260628

Contact Information

Zvi Bodie (Contact Author)
Boston University - Department of Finance & Economics ( email )
United States
HOME PAGE: http://www.zvibodie.com
Feedback to SSRN


Paper statistics
Abstract Views: 10,309
Downloads: 3,488
Download Rank: 1,536
References:  15
Citations:  3

© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 1.281 seconds