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Addressing Longevity Risk: How Best to Annuitize Defined Contribution Assets?

Unlike defined benefit pensions, 401(k) plans provide little guidance on how to turn accumulated assets into income. The key risk that retirees face is outliving their assets. Insurance against such risk is available through several routes, including immediate annuities, deferred annuities, and addi...

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Detalles Bibliográficos
Autores principales: Munnell, Alicia, Wettstein, Gal, Hou, Wenliang
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Oxford University Press 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7743374/
http://dx.doi.org/10.1093/geroni/igaa057.2395