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Life Annuities: An Optimal Product for Retirement Income

150 Pages Posted: 1 Mar 2015  

Moshe A. Milevsky

York University - Schulich School of Business

Date Written: May 1, 2013

Abstract

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

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

Moshe Arye Milevsky (Contact Author)

York University - Schulich School of Business ( email )

4700 Keele Street
Toronto, Ontario M3J 1P3
Canada

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