Synopsis
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.
"synopsis" may belong to another edition of this title.
About the Author
Mark J. Warshawsky is Director of Retirement Research at Towers Watson, former member of the Social Security Advisory Board, and coauthor of The Role of Annuity Markets in Financing Retirement (MIT Press).
"About this title" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Retirement Income: Risks and Strategies (Mit Press)
Stock Image
Retirement Income: Risks and Strategies (Mit Press)
Seller: Bellwetherbooks, McKeesport, PA, U.S.A.
Seller rating 5 out of 5 stars
paperback. Condition: Very Good. Very Good Condition- May show some limited signs of wear and may have a black line or red dot on edge of pages. Pages and dust cover are intact and not marred by notes or highlighting. Seller Inventory # MIT-PB-VG-M-0262525127
Stock Image
Retirement Income: Risks and Strategies
Seller: ThriftBooks-Dallas, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. No Jacket. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G0262525127I4N00
Stock Image
Retirement income risk and strategies
Published by
The MIT Press, Cambridge (MSS), 2012
ISBN 10: 0262525127
ISBN 13: 9780262525121
New
TAPA BLANDA
Seller: MARCIAL PONS LIBRERO, MADRID, M, Spain
Seller rating 3 out of 5 stars
TAPA BLANDA. Condition: New. Seller Inventory # 100941271
International Edition
Retirement Income: Risks and Strategies
International EditionSeller: UK BOOKS STORE, London, LONDO, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Brand New! Fast Delivery "International Edition " and ship within 24-48 hours. Deliver by FedEx and Dhl, & Aramex, UPS, & USPS and we do accept APO and PO BOX Addresses. Order can be delivered worldwide within 4-6 Working days .and we do have flat rate for up to 2LB. Extra shipping charges will be requested This Item May be shipped from India, United states & United Kingdom. Depending on your location and availability. Seller Inventory # MN 9780262525121
Buy New
US$ 56.90
Free Shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 5 available