150 Pages Posted: 1 Mar 2015
Date Written: May 1, 2013
This book provides a summary of research on life annuities, longevity insurance, and their role in the “optimal” retirement portfolio. It starts with an overview of institutional aspects, moves on to discuss valuation issues, and concludes with a comprehensive review of the scholarly literature.
Keywords: life annuities, retirement
JEL Classification: G00
Suggested Citation: Suggested Citation
Milevsky, Moshe A., Life Annuities: An Optimal Product for Retirement Income (May 1, 2013). CFA Institute Research Foundation Monograph. Available at SSRN: https://ssrn.com/abstract=2571379