Retirement Income : Risks and Strategies by Mark J. Warshawsky (2013, Trade Paperback)

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This book is preowned shows little cosmetic wear and is in readable condition. No Accessories such as CD's and access Codes. May have sticker or price points. Ships Monday through Friday from North Carolina via USPS. Your purchase will help to enhance peoples lives through the power of work. Paper Back Book

About this product

Product Identifiers

PublisherMIT Press
ISBN-100262525127
ISBN-139780262525121
eBay Product ID (ePID)167464503

Product Key Features

Number of Pages280 Pages
Publication NameRetirement Income : Risks and Strategies
LanguageEnglish
SubjectInvestments & Securities / Portfolio Management, Personal Finance / Retirement Planning
Publication Year2013
TypeTextbook
AuthorMark J. Warshawsky
Subject AreaBusiness & Economics
FormatTrade Paperback

Dimensions

Item Height0.6 in
Item Weight11.7 Oz
Item Length8.7 in
Item Width5.9 in

Additional Product Features

Intended AudienceScholarly & Professional
Dewey Edition23
Grade FromCollege Graduate Student
IllustratedYes
Dewey Decimal331.25/20973
SynopsisStrategies, 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.

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