eBook - PDF

Advances in Retirement Investing

Name: Advances in Retirement Investing
ISBN: 9781108912143

Lionel Martellini,

Vincent Milhau,

English
PDF
Available on iOS & Android

eBook - PDF

Advances in Retirement Investing

Lionel Martellini,

Vincent Milhau,

About this book

To supplement replacement income provided by Social Security and employersponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present and future consumption in mind. This Element explains how financial engineering and risk management techniques can help them in these complex decisions. First, it introduces 'retirement bonds', or retirement bond replicating portfolios, that provide stable and predictable replacement income during the decumulation period. Second, it describes investment strategies that combine the retirement bond with an efficient performanceseeking portfolio so as to reduce uncertainty over the future amount of income while offering upside potential. Finally, strategies using risk insurance techniques are proposed to secure minimum levels of replacement income while giving the possibility of reaching higher levels of income.

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Yes, you can access Advances in Retirement Investing by Lionel Martellini,Vincent Milhau in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.