Longevity Risk and Retirement Income Planning
106 Pages Posted: 19 Jan 2016
Date Written: December 18, 2015
The past 50 years have seen an abundance of research on retirement planning and longevity risk. Reviewed here is the academic side of the research and its varied viewpoints and nuances. The evolution of retirement risk models, retirement portfolio problems and solutions, and annuities are some of the many topics covered.
Keywords: longevity risk, retirement, cfa institute, research foundation, actuaries, life-cycle, annuities, cfa, benchmarks, shortfall, CRRA, HARA, SPIA, ERISA
JEL Classification: E20
Suggested Citation: Suggested Citation