Retirement Income Annuity

Author : Patrick J. Collins
Publisher : CFA Institute Research Foundation
Page : 27 pages
File Size : 41,6 Mb
Release : 2016-03-16
Category : Business & Economics
ISBN : 9781944960025

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Annuities and Retirement Income Planning by Patrick J. Collins Pdf

Annuitization is one asset management strategy for retirees seeking to secure lifetime income. The US annuity marketplace offers a variety of annuity contracts, including single premium annuities, advanced life deferred annuities, variable annuities with lifetime income guarantee riders, and ruin contingent deferred annuities. Advisers seeking to provide guidance to clients in or near retirement can benefit by understanding (1) the arguments both for and against annuitization and (2) how a client’s interests might be best represented in the marketplace. Important annuity contract provisions are highlighted and briefly discussed so the adviser can become more familiar with retirement-planning options.

Author : Frederick Vettese
Publisher : ECW Press
Page : 202 pages
File Size : 54,5 Mb
Release : 2020-10-20
Category : Business & Economics
ISBN : 9781773056418

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Retirement Income for Life by Frederick Vettese Pdf

Canada’s #1 bestselling retirement income book is now completely revised and updated. Vettese will show you how to mitigate risk and secure your financial future in these unpredictable times. As COVID-19 rocks the economy in an unprecedented black swan event, retirees and those who are preparing to retire need answers to pressing questions about their financial futures. Originally published in 2018, the second edition of Retirement Income for Life, has been completely revised and updated, and now includes: New chapters on early retirement, retiring single, what to do when one spouse dies young, and more. Three strategies for mitigating your personal financial risk in the current downturn in equities and other investment products. Advice on how to plan for (and even benefit from) the coming bear market, resulting from COVID-19, which will create unprecedented equity buying opportunities, possibly as early as 2021. Information on the impact of unbearably low interest rates on annuities and fixed income investments and what to do if you hold them. The reasons retirees should be deferring CPP until age 70 and why the case for this is stronger than ever. Author Frederick Vettese demystifies a complex and often frightening subject and provides practical, actionable advice based on five enhancements the reader can make to mitigate risk and secure their financial future. With over one thousand Canadians turning 65 every day, the cultivation of good decumulation practices — the way in which you draw down assets in retirement, ideally to have a secure income for the rest of your life — has become an urgent matter that no one can afford to ignore.

Author : Virginia B. Morris
Publisher : Lightbulb Press, Inc.
Page : 156 pages
File Size : 51,8 Mb
Release : 2004
Category : Annuities
ISBN : 9780974038667

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Creating Retirement Income by Virginia B. Morris Pdf

Creating Retirement Income, a Lightbulb Press book, is for anyone thinking about retirement planning and variable annuities. Planning for retirement and creating a nest egg on which to live comfortably is on everyone's mindshy;shy;from people in their twenties to those for whom retirement is just around the corner. Variable annuities provide the answers to millions of investors, yet there's still a mystery that surrounds them. This colorfully illustrated guide simplifies variable annuities and ways to create retirement wealth. Written in collaboration with the National Association of Variable Annuities, this user-friendly, easy-to-read and easy-to-understand guide to will appeal to anyone planning for retirement. Created by the authors of the best-selling Wall Street Journal guides, Creating Retirement Income will show you how to: Plan for a comfortable retirement; Choose among different annuities; Develop a diversified portfolio; Sort out the facts of social security And much more

Author : Anonim
Publisher : Unknown
Page : 24 pages
File Size : 52,7 Mb
Release : 2005
Category : Annuities
ISBN : PSU:000056840247

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Variable Annuities by Anonim Pdf

Author : Mark Warshawsky
Publisher : MIT Press
Page : 277 pages
File Size : 49,8 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780262016933

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Retirement Income by Mark Warshawsky Pdf

Strategies, products, and public policies that will help a new generation of retirees maximize income and minimize risk. As members of the baby boom generation head into retirement, they face an economic environment that has changed noticeably since their parents retired. Most of these new retirees will not be equipped, as many in the earlier generation were, with private pension plans, early retirement options, and fully paid retiree health benefits in addition to Social Security and Medicare. Today it is increasingly left to retirees themselves to plan how to maximize retirement income and minimize risk. In Retirement Income, Mark Warshawsky and his colleagues describe strategies, products, and public policies that will help a new generation achieve financial security and income growth in retirement. Warshawsky, a noted expert in the field who has worked in both government and private industry, analyzes two insurance vehicles, life annuities and long-term care insurance, and their capacity to protect against the extra costs arising from longevity and disability. He proposes two innovations. The first is a strategy that includes a set percentage withdrawal from a balanced portfolio, which is gradually used to purchase a ladder of life annuities. The second proposal, which includes a description of the potential choices in product design and available tax characteristics, is a product that integrates the immediate life annuity and long-term care insurance. With Retirement Income, Warshawsky offers practical ideas based on the results of empirical investigations and analyses, which can be applied to household decision making by retirees and their financial planners and to the design of insurance products and public policy.

Author : Patrick J. Collins,Huy D. Lam,Josh Stampfli
Publisher : CFA Institute Research Foundation
Page : 106 pages
File Size : 48,9 Mb
Release : 2015-12-28
Category : Business & Economics
ISBN : 9781934667965

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Longevity Risk and Retirement Income Planning by Patrick J. Collins,Huy D. Lam,Josh Stampfli Pdf

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.

Author : Moshe A. Milevsky
Publisher : Cambridge University Press
Page : 301 pages
File Size : 50,9 Mb
Release : 2006-03-13
Category : Business & Economics
ISBN : 9781139454865

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The Calculus of Retirement Income by Moshe A. Milevsky Pdf

This 2006 book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners.

Author : Virginia B. Morris,Kenneth M. Morris
Publisher : Lightbulb Press, Inc.
Page : 35 pages
File Size : 45,6 Mb
Release : 2005
Category : Finance, Personal
ISBN : 9780976026075

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Guide to Managing Retirement Income by Virginia B. Morris,Kenneth M. Morris Pdf

Author : Virginia B. Morris
Publisher : Lightbulb Press, Inc.
Page : 35 pages
File Size : 54,6 Mb
Release : 2004
Category : Annuities
ISBN : 9780974038681

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Guide to Understanding Annuities by Virginia B. Morris Pdf

Author : Moshe A. Milevsky,Alexandra C. Macqueen
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 46,7 Mb
Release : 2015-03-25
Category : Business & Economics
ISBN : 9781119025276

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Pensionize Your Nest Egg by Moshe A. Milevsky,Alexandra C. Macqueen Pdf

Guarantee your retirement income with a DIY pension Pensionize Your Nest Egg describes how adding the newapproach of "product allocation" to the tried-and-true assetallocation approach can help protect you from the risk of outlivingyour savings, while maximizing your income in retirement. This book demonstrates that it isn't the investor with the mostmoney who necessarily has the best retirement income plan. Instead,it's the investor who owns the right type of investment andinsurance products, and uses product allocation to allocate theright amounts, at the right time, to each product category. This revised second edition is expanded to include investorsthroughout the English-speaking world and updated to reflectcurrent economic realities. Readers will learn how to distinguish between the various typesof retirement income products available today, including lifeannuities and variable annuities with living income benefits, andhow to evaluate the features that are most important to meet theirpersonal retirement goals. Evaluate the impacts of longevity, inflation, and sequence ofreturns risk on your retirement income portfolio Make sense of the bewildering array of today's retirementincome products Measure and maximize your Retirement SustainabilityQuotient Learn how your product allocation choices can help maximizecurrent income or financial legacy — and how to select theapproach that's right for you Walk through detailed case studies to explore how to pensionizeyour nest egg using the new product allocation approach Whether you do it yourself or work with a financial advisor,Pensionize Your Nest Egg gives you a step-by-step plan tocreate a guaranteed retirement income for life.

Author : Jeffrey K. Dellinger
Publisher : John Wiley & Sons
Page : 802 pages
File Size : 48,8 Mb
Release : 2006-08-28
Category : Business & Economics
ISBN : 9780471773764

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The Handbook of Variable Income Annuities by Jeffrey K. Dellinger Pdf

In-depth coverage of variable income annuities With trillions of dollars in retirement savings assets, the tens of millions of Americans on the precipice of retirement need to convert these savings into retirement income. The fact that variable income annuities (VIAs) generate maximum lifetime income with zero probability of outliving it has spurred the need for more information about VIAs. The Handbook of Variable Income Annuities is by far the most comprehensive source of information on this topic. This book thoroughly describes the most important principles of optimal asset liquidation and demystifies VIA mechanics, so readers can gain a high comfort level with this important financial instrument. Interestingly and clearly, The Handbook of Variable Income Annuities explains the mathematical pricing of variable income annuities, expected rates of return, taxation, product distribution, legal aspects, and much more. Jeffrey K. Dellinger (Fort Wayne, IN), a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries, has over 25 years experience in the financial services sector. He advises institutions on retirement income optimization, products, and markets.

Author : Kerry Pechter
Publisher : John Wiley & Sons
Page : 373 pages
File Size : 47,6 Mb
Release : 2011-02-09
Category : Business & Economics
ISBN : 9781118051931

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Annuities For Dummies by Kerry Pechter Pdf

Why look into annuities? If you’re a Baby Boomer with little or no pension and most of your money in low-interest savings accounts, an annuity may be the key to a secure and comfortable retirement. How can you find out whether an annuity is right for you? Read Annuities For Dummies, 3rd Edition. This completely revised and updated, plain-English guide is packed with the latest information on choosing the best annuity for your retirement needs. You’ll find out exactly what annuities are, whether they’re the right financial vehicle for you, and which of the many annuity options might have your name on it. You’ll learn the ins and outs of using annuities to fund your retirement years, figure out whether to stress investments with insurance or insurance with investments, and find out how the right combination of annuities can help you squeeze more income out of your savings that any other financial tool. Discover how to: Identify the main types of annuities Weigh the pros and cons of annuities for yourself Minimize the complexity and cost of your annuity investment Figure out how much money to commit Avoid common annuity pitfalls Create an income you can’t outlive The time to start securing your financial future is now. Annuities For Dummies, 3rd Edition, gives you knowledge, insider tips, and expert advice you need to make your money do its best for you.

Author : Moshe Arye Milevsky,CFA Institute. Research Foundation
Publisher : Unknown
Page : 136 pages
File Size : 41,5 Mb
Release : 2013-05
Category : Annuities
ISBN : 1934667560

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Life Annuities by Moshe Arye Milevsky,CFA Institute. Research Foundation Pdf

Author : Virginia B. Morris,Kenneth Morris (M.)
Publisher : Lightbulb Press, Inc.
Page : 39 pages
File Size : 45,7 Mb
Release : 2011-01-05
Category : Business & Economics
ISBN : 9780982907559

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Planning Retirement Income by Virginia B. Morris,Kenneth Morris (M.) Pdf

A concise examination of the issues and solutions to the challenges of planning a financially secure retirement, meant for those people getting close to retirement age

Author : Moshe Arye Milevsky
Publisher : Springer Nature
Page : 302 pages
File Size : 50,6 Mb
Release : 2020-09-26
Category : Business & Economics
ISBN : 9783030514341

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Retirement Income Recipes in R by Moshe Arye Milevsky Pdf

This book provides computational tools that readers can use to flourish in the retirement income industry. Each chapter describes recipe-like algorithms and explains how to implement them via simple scripts in the freely available R coding language. Students can use those skills to generate quantitative answers to the most common questions in retirement income planning, as well as to develop a deeper understanding of the finance and economics underlying the field itself. The book will be an excellent asset for experienced students who are interested in advanced wealth management, and specifically within courses that focus on holistic modeling of the retirement income process. The material will also be useful to current and future wealth management professionals within the financial services industry. Readers should have a solid understanding of financial principles, as well as a rudimentary background in economics and accounting.