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Reforming Retirement Income: Annuitization, Combination Strategies, and Required Minimum Distributions

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  • Warshawsky, Mark

    (Mercury Publication)

Abstract

Laddered immediate life annuity purchase and asset withdrawal combination strategies represent an excellent way for retirees to manage their retirement assets in order to get lifetime income in a flexible manner while still maintaining growth, liquidity,

Suggested Citation

  • Warshawsky, Mark, 2015. "Reforming Retirement Income: Annuitization, Combination Strategies, and Required Minimum Distributions," Working Papers 06834, George Mason University, Mercatus Center.
    • Handle: RePEc:ajw:wpaper:06834
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    References listed on IDEAS

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    1. Amy Finkelstein & James Poterba, 2004. "Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market," Journal of Political Economy, University of Chicago Press, vol. 112(1), pages 183-208, February.
    2. Gong, Guan & Webb, Anthony, 2010. "Evaluating the Advanced Life Deferred Annuity -- An annuity people might actually buy," Insurance: Mathematics and Economics, Elsevier, vol. 46(1), pages 210-221, February.
    3. Ivica Dus & Raimond Maurer & Olivia S. Mitchell, 2005. "Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities," NBER Working Papers 11271, National Bureau of Economic Research, Inc.
    4. Benjamin M. Friedman & Mark J. Warshawsky, 1990. "The Cost of Annuities: Implications for Saving Behavior and Bequests," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(1), pages 135-154.
    5. Warshawsky, Mark J., 2012. "Retirement Income: Risks and Strategies," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262016931, April.
    6. Moshe Milevsky, 2005. "Real Longevity Insurance with a Deductible: Introduction to Advanced-Life Delayed Annuities (ALDA)," North American Actuarial Journal, Taylor & Francis Journals, vol. 9(4), pages 109-122.
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