Optimal annuitization under stochastic interest rates
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DOI: 10.1017/asb.2024.23
Abstract: Abstract The decision about when and how much to annuitize is an important element of the retirement planning of most individuals. Optimal annuitization strategies depend on the individual’s exposure to annuity risk, meaning the possibility… read more here.
Keywords: optimal annuitization; annuitization; risk; stochastic interest ... See more keywords