Three Certainties and a Speculation: Reflections of a Pension Professional

4 Pages Posted: 23 May 2009

See all articles by Don Ezra

Don Ezra

Don Ezra Consulting Services LLC

Date Written: May 20, 2009

Abstract

This article has been adapted from a pre-dinner speech delivered to the attendees of the Fall 2008 Discussion Forum of the Rotman International Centre for Pension Management, held at the Tacoma Campus of the University of Washington, in collaboration with Washington State Investment Board. The three certainties relate to the cost of retirement, the value of lifetime annuities, and the efficacy of investment education. The speculation is that satisficing trumps optimizing in pension decision-making.

Keywords: Annuities, Financial Education, Optimizing, Pension Fund, Retirement, Satisficing, Rotman

Suggested Citation

Ezra, Don, Three Certainties and a Speculation: Reflections of a Pension Professional (May 20, 2009). Rotman International Journal of Pension Management, Vol. 2, No. 1, 2009, Available at SSRN: https://ssrn.com/abstract=1408698

Don Ezra (Contact Author)

Don Ezra Consulting Services LLC ( email )

220 Rverside Boulevard Apartment 20e
New York, NY 10069
United States
2127993052 (Phone)

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