Advances in retirement investing:
To supplement replacement income provided by Social Security and employersponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2020
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| Schriftenreihe: | Cambridge elements. Elements in quantitative finance
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| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 UBG01 URL des Erstveröffentlichers |
| Zusammenfassung: | To supplement replacement income provided by Social Security and employersponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present and future consumption in mind. This Element explains how financial engineering and risk management techniques can help them in these complex decisions. First, it introduces 'retirement bonds', or retirement bond replicating portfolios, that provide stable and predictable replacement income during the decumulation period. Second, it describes investment strategies that combine the retirement bond with an efficient performanceseeking portfolio so as to reduce uncertainty over the future amount of income while offering upside potential. Finally, strategies using risk insurance techniques are proposed to secure minimum levels of replacement income while giving the possibility of reaching higher levels of income |
| Beschreibung: | 1 Online-Ressource (149 Seiten) |
| ISBN: | 9781108917377 |
| DOI: | 10.1017/9781108917377 |
Internformat
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Datensatz im Suchindex
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| author | Martellini, Lionel ca. 20./21. Jh Milhau, Vincent ca. 20./21. Jh |
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| author_facet | Martellini, Lionel ca. 20./21. Jh Milhau, Vincent ca. 20./21. Jh |
| author_role | aut aut |
| author_sort | Martellini, Lionel ca. 20./21. Jh |
| author_variant | l m lm v m vm |
| building | Verbundindex |
| bvnumber | BV046926273 |
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| collection | ZDB-20-CBO |
| ctrlnum | (ZDB-20-CBO)CR9781108917377 (OCoLC)1220879314 (DE-599)BVBBV046926273 |
| dewey-full | 332.024 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.024 |
| dewey-search | 332.024 |
| dewey-sort | 3332.024 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/9781108917377 |
| format | Electronic eBook |
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| id | DE-604.BV046926273 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:33:05Z |
| indexdate | 2024-07-10T08:57:41Z |
| institution | BVB |
| isbn | 9781108917377 |
| language | English |
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| physical | 1 Online-Ressource (149 Seiten) |
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| publishDate | 2020 |
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| publishDateSort | 2020 |
| publisher | Cambridge University Press |
| record_format | marc |
| series2 | Cambridge elements. Elements in quantitative finance |
| spelling | Martellini, Lionel ca. 20./21. Jh. Verfasser (DE-588)1219085324 aut Advances in retirement investing Lionel Martellini, Vincent Milhau Cambridge Cambridge University Press 2020 1 Online-Ressource (149 Seiten) txt rdacontent c rdamedia cr rdacarrier Cambridge elements. Elements in quantitative finance To supplement replacement income provided by Social Security and employersponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present and future consumption in mind. This Element explains how financial engineering and risk management techniques can help them in these complex decisions. First, it introduces 'retirement bonds', or retirement bond replicating portfolios, that provide stable and predictable replacement income during the decumulation period. Second, it describes investment strategies that combine the retirement bond with an efficient performanceseeking portfolio so as to reduce uncertainty over the future amount of income while offering upside potential. Finally, strategies using risk insurance techniques are proposed to secure minimum levels of replacement income while giving the possibility of reaching higher levels of income Retirement income / Planning Investments Milhau, Vincent ca. 20./21. Jh. Verfasser (DE-588)1219085839 aut Erscheint auch als Druck-Ausgabe 978-1-108-92662-1 https://doi.org/10.1017/9781108917377 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Martellini, Lionel ca. 20./21. Jh Milhau, Vincent ca. 20./21. Jh Advances in retirement investing Retirement income / Planning Investments |
| title | Advances in retirement investing |
| title_auth | Advances in retirement investing |
| title_exact_search | Advances in retirement investing |
| title_exact_search_txtP | Advances in retirement investing |
| title_full | Advances in retirement investing Lionel Martellini, Vincent Milhau |
| title_fullStr | Advances in retirement investing Lionel Martellini, Vincent Milhau |
| title_full_unstemmed | Advances in retirement investing Lionel Martellini, Vincent Milhau |
| title_short | Advances in retirement investing |
| title_sort | advances in retirement investing |
| topic | Retirement income / Planning Investments |
| topic_facet | Retirement income / Planning Investments |
| url | https://doi.org/10.1017/9781108917377 |
| work_keys_str_mv | AT martellinilionel advancesinretirementinvesting AT milhauvincent advancesinretirementinvesting |